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Sarkisian calls for active Chinese involvement to build railway conn

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  • Sarkisian calls for active Chinese involvement to build railway conn

    TendersInfo
    March 28, 2015 Saturday


    Armenia : Sarkisian calls for active Chinese involvement to build
    railway connecting Armenia with Iran


    Armenian President Serzh Sarkisian has urged China to actively get
    involved in realizing his country's ambitious plans to build a railway
    connecting Armenia with neighboring Iran.

    Speaking during a state visit to Beijing, the President said the
    470-kilometer railway could be part of a transnational "Silk Road
    economic zone" which China would like to establish along a vast
    geographic area.

    Speaking at Peking University, he said : "In this regard, Armenia
    expects an active participation of Chinese companies in the
    construction of the Armenia-Iran railway. That will ensure the
    region's even development, which is fully in tune with China's 'peace
    for development' motto. At the same time, that would ensure China s
    strong presence in the South Caucasus region and give impetus to
    bilateral China-Armenia relations."

    Chinese company, China Communications Construction Company (CCCC), is
    already engaged in the extremely ambitious project, having implemented
    feasibility study and proposed a cost-efficient route for the rail
    link. The study was commissioned in 2013 by UAE-based investment firm,
    Rasia FZE.

    Earlier in 2015, Armenian Deputy Transport Minister Artur Arakelian
    said Rasia has entered "very active negotiations" with undisclosed
    Chinese investors interested in funding work on the Armenian section,
    which is expected to cost $3 billion.

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