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Iran, Armenia to build joint railway

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  • Iran, Armenia to build joint railway

    Iranian Students News Agency ISNA, Iran
    April 4 2009


    Iran, Armenia to build joint railway

    ISNA - Tehran

    TEHRAN, Iran and Armenia have inked a Memorandum of Understanding to
    build a direct railway between the two countries to increase the
    volume of economic cooperation.

    Armenian Transportation and Communications Minister Gurgen Sagsyan and
    Iran's Road and transportation Minister Hamid Behbahani
    signed the MoU in Yerevan.

    Most of the 470-kilometer railway lays in Armenia.

    The project takes 5 years to be operated and costs 1.2 billion
    dollars.

    The final agreement of the venture will be stroke during Armenian
    President Serge Sarkisian's next visit to Tehran.
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