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  • Armenia-Iran Railway Start

    ARMENIA-IRAN RAILWAY START

    LRAGIR.AM
    16:21:26 - 06/08/2009

    Today, a session of the Armenian government took place headed by
    the Armenian Prime Minister Tigran Sargsyan. During the session,
    the RA government commanded the decisions, which set the start of
    the North-South road corridor. For the fulfillment of the project
    calculations, the Armenian government allocated 18 million 500
    thousand drams from the Armenian reserve fund on the condition to
    take this sum from the Asian bank and to return it until 2009. For
    the first stage of the construction, over 700 million dollar will be
    needed. The North-South road will correspond to the best international
    measurements, stated the Prime Minister. By another decision of
    the government, a directorship of the railway construction was set
    up. The Armenian government commanded the project of changes and
    amendments to the concessionary contract of the transition of the
    Armenian Railways to the South-Caucasian railways CJSC. The need for
    these changes created during the Armenian and Russian negotiations.
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