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Modernization Of Armenian Railway Continues

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  • Modernization Of Armenian Railway Continues

    MODERNIZATION OF ARMENIAN RAILWAY CONTINUES

    Noyan Tapan
    June 5, 2009

    YEREVAN, JUNE 5, NOYAN TAPAN. Modernization of Armenian railway
    continues and large-scale changes will be made this year as well,
    Director General of South Caucasus Railways CJSC Sheyket Shaydulin
    stated at the June 4 press conference, summarizing the results of
    one year of the assumption of the Armenian railway's concessionary
    management.

    In his words, during the first year their activities have been carried
    out in accordance with provisions of the concession agreement. The
    company in cooperation with RA Ministry of Transport and Communication
    has prepared a document on making additions and amendments to the
    concession agreement. The document envisages raising the efficiency
    of transport services provision and reforms.

    S. Shaydulin said the work on modernization of railway infrastructures
    and rolling stock is under way. In particular, this year they plan
    to increase the speed of trains in Armavir-Yerevan direction and
    improve the quality of services in Armavir-Yerevan-Sevan-Shorzha
    sections. Starting from July 1, new rolling stock will be used for
    transporting passengers between Yerevan and Batumi. According to
    S. Shaydulin, the company will implement serious projects to modernize
    the road industry and increase transportation safety.

    It was announced that the turnover of goods by railway within the
    country grew by 36% in 2008. Cargo transportation volumes by railway
    fell by only 19%, including a 7% fall in imports, in January-April
    2009 on the same period of 2008. Passenger traffic volumes grew by 46%
    in January-May.
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