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Meeting Of Iran-Armenia Railway Construction Project's Working Group

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  • Meeting Of Iran-Armenia Railway Construction Project's Working Group

    MEETING OF IRAN-ARMENIA RAILWAY CONSTRUCTION PROJECT'S WORKING GROUP TO BE HELD IN YEREVAN IN LATE JANUARY

    Noyan Tapan
    Jan 13, 2010

    YEREVAN, JANUARY 13, NOYAN TAPAN. Receiving on January 13 the Iranian
    Ambassador to Armenia Seyed Ali Saghaeyan, RA Minister of Transport
    and Communication Gurgen Sargsyan said that the joint implementation
    of several projects in transport and communication sector will promote
    economic development of the two countries.

    At the ambassador's request G. Sargsyan spoke in detail about the
    construction projects of North-South Highway and the Iran-Armenia
    railway. According to him, the Asian Development Bank announced its
    decision to allocate a 0 million loan for the North-South Highway
    project, about million of which will be provided this year. At the end
    of 2009, a tender for design work of the first stage of the highway
    construction was announced. The design packages have already been
    submitted and are now being assessed, after which an international
    tender to select a construction company will be held. During the first
    stage, it is envisaged reconstructing Yerevan-Ashtarak interstate road
    and doing some work on road safety on Yerevan-Ararat motorway. The
    minister said that the whole feasibility study on the highway will
    be conducted this year.

    Speaking about construction of the Iran-Armenia railway, G. Sargsyan
    said that a tender for the feasibility study on the project will be
    held in January, and in all likelihood the winner will be announced
    in April, after which work will start. The Asian Development Bank
    has provided a million grant for conducting a feasibility study on
    the Iran-Armenia railway project.

    The Iranian ambassador said that Iranian organizations are also
    interested in road construction in Armenia, including the construction
    of North-South Highway. He did not rule out that Iranian banks will
    also be involved in financing some sections of the highway.

    The RA Ministry of Transport and Communication reported that at the
    conclusion of the meeting the sides reached a preliminary agreement
    to hold a meeting of the Iran-Armenia railway construction project's
    working group in Yerevan in late January.
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