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  • Iran-Armenia Railway Construction

    IRAN-ARMENIA RAILWAY CONSTRUCTION

    The Messenger
    Nov 10 2011
    Georgia

    Armenia is in search of financing sources for the construction of
    the railway connecting Armenia with Iran. As Armenia's transport and
    communications minister Manuk Vardanian stated, there are negotiations
    with Iran and China as well as other international donors and private
    investors. During a recent visit to Moscow the Armenian President
    Serzh Sarkisian discussed the issue with Russian president Dimitri
    Medvedev. First steps have been taken already and the feasibility study
    is ready. For Armenia the railway will be significant economically
    and strategically. Costs are estimated up to USD 2.5 bln.



    From: Emil Lazarian | Ararat NewsPress
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