AMD 6.6 billion invested by South Caucasus railway in Armenia
22.02.2016,
11:31
The South Caucasus Railway CJSC invested AMD 6.6 billion in 2015 in Armenia, Gagik Beglaryan, Armenian transport minister, said Friday while presenting its ministry’s activity in 2015 to Hovik Abrahamyan, the prime minister.
YEREVAN, February 22. /ARKA/. The South Caucasus Railway CJSC invested AMD 6.6 billion in 2015 in Armenia, Gagik Beglaryan, Armenian transport minister, said Friday while presenting its ministry’s activity in 2015 to Hovik Abrahamyan, the prime minister.
Railway freight traffic reduced 17.3% to 2,528 tons in 2015, he said.
South Caucasus Railway, a subsidiary of Russian Railways, runs Armenian Railway, which was handed over to the South Caucasus Railway on February 13, 2008 for 30-year concession management with a right to prolong the management term for other 10 years. --0---
Railway freight traffic reduced 17.3% to 2,528 tons in 2015, he said.
South Caucasus Railway, a subsidiary of Russian Railways, runs Armenian Railway, which was handed over to the South Caucasus Railway on February 13, 2008 for 30-year concession management with a right to prolong the management term for other 10 years. --0---
