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Armenia and Iran railroad work to begin by 2010

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  • Armenia and Iran railroad work to begin by 2010

    SteelGuru, India
    Dec 30 2009


    Armenia and Iran railroad work to begin by 2010


    Iran Daily reported that Armenia is set to begin work early next year
    on a large scale project aimed at connecting Armenia and Iran through
    a north south railroad.

    Mr Gurgen Sargsyan transport and communications minister of Armenia
    said that the Phase I of the project will involve a feasibility study,
    scheduled to begin in April 2010.

    "An agreement to grant a loan of USD 1 million has been reached with
    the Asian Development Bank for implementing the feasibility study of
    this project. An international tender for the provision of consulting
    services will be declared in early 2010 and we will begin the direct
    implementation of the feasibility study in spring."

    The minister said that the project's Phase I will be carried out in 2
    stages. The first will study whether the Yerevan Ararat and Yerevan
    Ashtarak passes are safe for rail travel; the second will begin work
    on restoring the Ashtarak Gumri rail section and the third stage
    envisages construction of a new Goris Kapan railroad.

    As per report the Armenian government has registered a corporation
    titled "Directions for Iran and Armenian Railroad Construction to
    implement the project.

    Mr Sargsyan noted that Iran has demonstrated its readiness to finance
    the project.

    (Sourced from Iran Daily)
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