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  • Russian Federation : Russian Railways is to discuss investment in

    TendersInfo
    October 13, 2012 Saturday

    Russian Federation : Russian Railways is to discuss investment in
    Armenia-Iran railway construction


    Transport Minister of Russia, Maksim Sokolov said Russian Railways JSC
    will discuss possible investment in construction of Armenia-Iran
    railway this December.

    During the Armenia-Russia intergovernmental committee meeting held in
    Yerevan the minister said they are in constant interaction with the
    Russian Railways to coordinate the investment programs. He said
    collaboration projects with foreign states will be considered in
    December when 2013 investment program of Russian Railways is
    confirmed.

    Experts are of the opinion that construction of Armenia-Iran railway
    will take five years. As per the initial assessment, the project is
    estimated at $1.5-2 billion.




    From: A. Papazian
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