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TEHRAN: Envoy Highlights Strategic Importance Of Iran-Armenia Railwa

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  • TEHRAN: Envoy Highlights Strategic Importance Of Iran-Armenia Railwa

    ENVOY HIGHLIGHTS STRATEGIC IMPORTANCE OF IRAN-ARMENIA RAILWAY

    Fars News Agency
    June 3 2009
    Iran

    TEHRAN (FNA)- The Iran-Armenia railway is a project of great strategic
    importance not only for the two states but also for the whole region,
    Iran's ambassador to Yerevan said.

    Iranian Ambassador to Armenia Seyed Ali Saqqaiyan told Armenpress
    news agency on Tuesday that the railway can be considered a very
    convenient direction for cargo transportation.

    The Iranian technical-expert group has lately visited Armenia to
    study in what direction the railway must be constructed, he added.

    "Besides that we expect the investors to display interest in
    the project and Russia seems to be keen on participating in the
    implementation of the project," the Ambassador noted.

    Seyed Ali Saqqaiyan reiterated that the political decision for the
    construction of the railway has already been made - during the Armenian
    President Serzh Sargsyan's visit to Iran an agreement was reached
    and at present the discussion of technical issues is being conducted.

    Experts and specialist are now discussing different options for the
    direction of the railway.

    According to early estimates, $2 billion of investment is needed for
    the construction of the Iran-Armenia railway.

    The World Bank and the Asian Development Bank have already voiced
    interest in the railway construction project.
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