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Railway Connecting Persian Gulf To Black Sea To Pass Through Armenia

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  • Railway Connecting Persian Gulf To Black Sea To Pass Through Armenia

    RAILWAY CONNECTING PERSIAN GULF TO BLACK SEA TO PASS THROUGH ARMENIA

    16:05, 18 January, 2013

    YEREVAN, JANUARY 18, ARMENPRESS. "Rasia FZE" company registered in
    the United Arab Emirates will finance the projection, construction,
    and implementation of the Armenian South Railway and Armenian South
    Swift Road. As reports "Armenpress", on January 18, 2013 "Armenian
    South Railway" and "Armenian South Swift Road" programs launched in
    the Ministry of Transport and Communication of the Republic of Armenia
    by signing memoranda on trilateral understanding within the framework
    of the regional cooperation programs between the Ministry of Transport
    and Communication of the Republic of Armenia, "Rasia FZE" company and
    "South Caucasian Railway" CJSC. The programs cost USD 3 billion.

    The Minister of Transport and Communication of the Republic of
    Armenia Gagik Beglaryan noted that the construction of these roads
    was included in the election pledges of the President of the Republic
    of Armenia Serzh Sargsyan. Among other things Minister of Transport
    and Communication of the Republic of Armenia Gagik Beglaryan stated:
    "As a result of the program the shortest railway connecting the Persian
    Gulf to the Black Sea will be constructed due to the strategic position
    of Armenia."



    From: Emil Lazarian | Ararat NewsPress
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