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Iran-Armenia Railway Profitability Amount Is Not Yet Calculated

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  • Iran-Armenia Railway Profitability Amount Is Not Yet Calculated

    IRAN-ARMENIA RAILWAY PROFITABILITY AMOUNT IS NOT YET CALCULATED

    ARMENPRESS
    24 May, 2012
    YEREVAN

    YEREVAN, MAY 24, ARMENPRESS: The amount of Iran-Armenia railway
    construction profit is not calculated yet. South Caucasian Railways
    (SCR) Director Victor Rebets told a press conference on May 24,
    Armenpress reports.

    The interlocutor noted that the computation process is underway.

    Rebets stated that the technical and economic basing is not yet
    elaborated and only rough calculations of possible value are available.

    Iran-Armenia railway will enable Armenia transport the oil products
    and other goods in alternative ways. The railway length will make
    470 kilometers; 60 kilometer will pass by Iran territory, the rest
    by the territory of Armenia.

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