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SCR Director General: There No Dead-End Roads, There Are Non-Transit

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  • SCR Director General: There No Dead-End Roads, There Are Non-Transit

    SCR DIRECTOR GENERAL: THERE NO DEAD-END ROADS, THERE ARE NON-TRANSIT ROADS

    PanARMENIAN.Net
    25.02.2009 21:38 GMT+04:00

    /PanARMENIAN.Net/ South Caucasus Railways director general Shevket
    Shaydullin said that establishment of logistic center and matching
    with the other modes of transport are the major directions of the
    SCR integration.

    Asked whether dead-end Armenian roads will allow SCR integration,
    Shaydullin said, "There are no dead-end roads, there are non-transit
    roads."

    "Establishment of a logistic center will help match SCR with the
    other modes of transport," he said.

    "The railroad should secure transportation of people and goods,"
    he added.

    South Caucasus Railways (SCR) has officially started business
    operations under a concession agreement to manage Armenian Railways
    on June 1, 2008.

    The SCR, a wholly-owned subsidiary of Russian Railways, received
    property owned by Armenian Railways consisting of 2,000 freight cars,
    58 passenger coaches, 85 locomotives and 30 electric trains. All
    4,300 employees employed by Armenian Railways have retained their jobs.

    The concession agreement was concluded for 30 years, with a right of
    extension for another 20 years after the first 20 years of operation.

    Under the agreement, Russian Railways will invest USD400 million in
    infrastructure at Armenian Railways and another USD170 million to
    upgrade its rolling stock.
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