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A Number Of Countries Greeted The Project Of Construction Of Iran-Ar

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  • A Number Of Countries Greeted The Project Of Construction Of Iran-Ar

    A NUMBER OF COUNTRIES GREETED THE PROJECT OF CONSTRUCTION OF IRAN-ARMENIA RAILWAY

    ARMENPRESS
    Oct 26, 2009

    YEREVAN, OCTOBER 26, ARMENPRESS: A number of countries - Russia, China
    and Kazakhstan - greeted the project of construction of Iran-Armenia
    railway. Iranian ambassador to Armenia Seyed Ali Saghayan told
    Armenpress that a group of experts from Iran arrived in Armenia
    for making initial studies and presented the report to the Armenian
    authorities. "Taking into consideration that from the financial point
    of view it is a big project currently we are waiting for a response
    to pass to practical steps," the ambassador said.

    According to the arrangement, the Asian Development Bank has expressed
    readiness to provide sum, the World Bank also expressed interest
    toward the project.

    Ali Saghayan said for the construction of the railway according to
    initial calculations 2-2,5 billion USD will be needed.

    For continuing the discussions over the implementation of the project
    Armenian Transport and Communication Minister will in near future
    will visit Iran. The ambassador also said that by the end of the year
    regular session of the Iran-Armenia inter-governmental commission
    will be conducted in Yerevan.

    The implementation of the project will last for about 5 years.

    According to initial calculations, the railway will be 470 km-long,
    60 km will pass through the Iranian territory.
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