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MP: Construction Of Iran-Armenian Railway May Be Launched In 2010

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  • MP: Construction Of Iran-Armenian Railway May Be Launched In 2010

    MP: CONSTRUCTION OF IRAN-ARMENIAN RAILWAY MAY BE LAUNCHED IN 2010

    Noyan Tapan
    Jan 19, 2009

    YEREVAN, January 19. /ARKA/. Construction of Iran-Armenian Railway may
    be launched in 2010, Gagik Minasyan, chairman of Armenian National
    Assembly's standing financial committee, said at a pres conference
    on Monday.

    He said the project assessment is under way now. He thinks there
    would be no problems with funding.

    MInasyan said that that the railways that function now can transport
    cargoes and passengers in 45 to 45 km/hour speed, while the new
    railway will ensure 100 km/hour speed.

    According to the preliminary estimation, the construction needs $2
    billion investments.

    World Bank and Asian Development expressed their interest in the
    construction.

    The railway's one route through Armenia's territory has already been
    determined. It is Jermuk-Meghri. Other routes are under discussion
    now, though it is also presumed that the railway will go through
    Sisian and Kapan.

    It is also planned that 100 kilometers of the railway will go through
    Iran's territory - from Armenian border to Merand, Iran.

    Specialists say the construction will take five to six years.

    Now Armenia has only one railway connecting it with other countries. It
    goes through Georgia.

    Iran-Armenia Railway will be an alternative transportation link.
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