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South Caucasus Railway Still Unable To Participate In Iran-Armenia R

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  • South Caucasus Railway Still Unable To Participate In Iran-Armenia R

    SOUTH CAUCASUS RAILWAY STILL UNABLE TO PARTICIPATE IN IRAN-ARMENIA RAILWAY CONSTRUCTION PROJECT

    arminfo
    Thursday, May 24, 19:21

    The South Caucasus Railway (SCR) CJSC is still unable to participate
    in the Iran-Armenia railway construction project, as the concessional
    agreement of the Russian Railway OJSC, the owner of the SCR, with the
    Government of Armenia has no item about investments in the construction
    of new railroads, the SCR Director General Viktor Rebets said at
    today's press conference.

    He said that no feasibility study has been worked out yet. "The project
    of construction of the railway is announced to be in the phase of
    development and its real cost is still to be estimated", he said.

    To recall in Feb 2012 President of Russian Railway OJSC Vladimir
    Yakunin said in Yerevan that the SCR railroaders will participate
    in the project in case of a positive decision. He said that from
    the commercial point of view, the Iran-Armenia railway construction
    project may be recovered within 30-50 years. He added that the issue
    of the railway construction mostly depends on the world situation.

    "There are many problems around the cooperation with Iran. These
    problems are not created by us, but we should take this moment into
    account", he said and added that in any case the Russian and Iranian
    railroaders are fruitfully cooperating.

    To recall, the specified project was preliminarily estimated at
    $2 billion. The railway will provide Armenia with an access to the
    Persian Gulf and to the Central Asian markets via Iran. At the moment
    Armenia's railway communication with the external world is blocked by
    Turkey and Azerbaijan. There is no railway communication with Russia
    either because of the Georgian-Russian confrontation.

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