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ARMENIA SEEKS INVESTORS IN IRAN-ARMENIA RAILWAY
00:16, 23.10.2014
YEREVAN. - Armenian government continues to seek investors in the
Iran - Armenia railway, announced the Prime Minister of Armenia Hovik
Abrahamyan in parliament on Wednesday, commenting on the results of
his visit to Iran, Armenian News - NEWS.am reports.
The PM reminded that Dubai-based Rasia FZE investment company
was already interested in the project and currently Armenia seeks
additional investors.
"This project, as you know, is very important for our country. The
Iranian leadership is ready to cooperate, and as soon as we find
funding for the project, will help us to implement it," the Prime
Minister said.
The construction of the railway, according to preliminary data,
is estimated at $3.2 billion, and Rasia FZE is ready to invest 60%
of the required amount. Construction is expected to last up to 6 years.
According to the document, which the company introduced in February
to the Armenian Government, the construction could start in 2016 and
end in 2022.
Armenia News - NEWS.am
00:16, 23.10.2014
YEREVAN. - Armenian government continues to seek investors in the
Iran - Armenia railway, announced the Prime Minister of Armenia Hovik
Abrahamyan in parliament on Wednesday, commenting on the results of
his visit to Iran, Armenian News - NEWS.am reports.
The PM reminded that Dubai-based Rasia FZE investment company
was already interested in the project and currently Armenia seeks
additional investors.
"This project, as you know, is very important for our country. The
Iranian leadership is ready to cooperate, and as soon as we find
funding for the project, will help us to implement it," the Prime
Minister said.
The construction of the railway, according to preliminary data,
is estimated at $3.2 billion, and Rasia FZE is ready to invest 60%
of the required amount. Construction is expected to last up to 6 years.
According to the document, which the company introduced in February
to the Armenian Government, the construction could start in 2016 and
end in 2022.
Armenia News - NEWS.am