Tweet
SOUTH CAUCASUS RAILWAY PLANS TO BECOME ARMENIA - IRAN RAILWAY'S OPERATOR
YEREVAN, December 22. / ARKA /. The South Caucasus Railway (SCR),
a subsidiary of state-run Russian Railways, plans to become the
operator of a railway that Armenia and Iran want to construct to
connect their railway systems, SCR CEO Viktor Rebets said today.
In 2012, the Dubai-based Rasia FZE Investment Company, was granted
a 50-year concession by Armenian government to build and manage the
305-kilometer railway from Armenia to Iran, to be named the Southern
Armenian Railway (SAR). By late 2013 Rasia FZE had developed a
feasibility study for the project.
Speaking at a news conference today Rebets said now the documents
are being developed that will allow to start construction work. He
said also the SCR had signed a relating agreement with Rasia FZE and
according to it has a certain amount of work to do. This project is
estimated to cost $3.5 billion.
The high cost of the project is explained by mountainous terrain
through which it is supposed to pass. Specifically, the 306 km-long
railway will have 19.6 km-long 64 bridges and 60 tunnels of 102.3
kilometers. The railway is to run from Gagarin station in Armenia's
Gegharkunik province to Agarak in southern Syunik and may transport
up to 25 million cargos a year.
According to an Armenian government statement, the Southern Armenia
Railway will create the shortest transportation route from the ports
of the Black Sea to the ports of the Persian Gulf and establish a
major commodities transit corridor between Europe and the Persian
Gulf region." .-0-
http://arka.am/en/news/economy/south_caucasus_railway_plans_to_become_armenia_ira n_railway_s_operator/#sthash.IWpM3qQK.dpuf
YEREVAN, December 22. / ARKA /. The South Caucasus Railway (SCR),
a subsidiary of state-run Russian Railways, plans to become the
operator of a railway that Armenia and Iran want to construct to
connect their railway systems, SCR CEO Viktor Rebets said today.
In 2012, the Dubai-based Rasia FZE Investment Company, was granted
a 50-year concession by Armenian government to build and manage the
305-kilometer railway from Armenia to Iran, to be named the Southern
Armenian Railway (SAR). By late 2013 Rasia FZE had developed a
feasibility study for the project.
Speaking at a news conference today Rebets said now the documents
are being developed that will allow to start construction work. He
said also the SCR had signed a relating agreement with Rasia FZE and
according to it has a certain amount of work to do. This project is
estimated to cost $3.5 billion.
The high cost of the project is explained by mountainous terrain
through which it is supposed to pass. Specifically, the 306 km-long
railway will have 19.6 km-long 64 bridges and 60 tunnels of 102.3
kilometers. The railway is to run from Gagarin station in Armenia's
Gegharkunik province to Agarak in southern Syunik and may transport
up to 25 million cargos a year.
According to an Armenian government statement, the Southern Armenia
Railway will create the shortest transportation route from the ports
of the Black Sea to the ports of the Persian Gulf and establish a
major commodities transit corridor between Europe and the Persian
Gulf region." .-0-
http://arka.am/en/news/economy/south_caucasus_railway_plans_to_become_armenia_ira n_railway_s_operator/#sthash.IWpM3qQK.dpuf