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IRAN READY TO ESTABLISH RAILWAY IN ARMENIA
Moj News Agency
May 30, 2011 Monday
Iran
Iranian Deputy Minister of Roads and Transportation, Reza Pilpayeh,
at a meeting with Armenian Minister of Energy and Natural Resources,
Armen Movsisyan , announced readiness to establish a 500 kilo meters
railway linking Jolfa in Iran to Sisian in Armenia.
The project needs a credit of $2.5 billion which should be gradually
provided by investors during the course of the project, Pilpayeh said.
Movsisyan, for his part said that linking two countries via railways
has been always emphasized by the Iranian and Armenian presidents
and Jolfa-Sisian railway enjoys remarkable economical justifications.
Appreciating the role played by Export Development Bank of Iran in
Armenia's various projects, Movsisyan asked for participation of the
bank in Jolfa-Sisian project.
The two sides agreed to sign MoU on the project once the expert work
on the project was implemented by the two sides' representatives.
"Various companies from different countries tend to undertake
the project but we would like Iranian contractors implement it,"
Movsisyan said.
Moj News Agency
May 30, 2011 Monday
Iran
Iranian Deputy Minister of Roads and Transportation, Reza Pilpayeh,
at a meeting with Armenian Minister of Energy and Natural Resources,
Armen Movsisyan , announced readiness to establish a 500 kilo meters
railway linking Jolfa in Iran to Sisian in Armenia.
The project needs a credit of $2.5 billion which should be gradually
provided by investors during the course of the project, Pilpayeh said.
Movsisyan, for his part said that linking two countries via railways
has been always emphasized by the Iranian and Armenian presidents
and Jolfa-Sisian railway enjoys remarkable economical justifications.
Appreciating the role played by Export Development Bank of Iran in
Armenia's various projects, Movsisyan asked for participation of the
bank in Jolfa-Sisian project.
The two sides agreed to sign MoU on the project once the expert work
on the project was implemented by the two sides' representatives.
"Various companies from different countries tend to undertake
the project but we would like Iranian contractors implement it,"
Movsisyan said.