India considers joining 'dry port' project in Armenian Gyumri

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20.10.2023, 12:32

Armenian Deputy Minister of Economy Narek Terian and Armenian Trade Attaché in Iran Vardan Kostanyan met with Indian Minister of State for Ports, Shipping and Waterways Shantanu Thakur on Thursday to discuss the possibility of involving the Indian side in the "dry port" project in Armenia second-largest town of Gyumri.

India considers joining 'dry port' project in Armenian Gyumri

YEREVAN, October 20. /ARKA/. Armenian Deputy Minister of Economy Narek Terian and Armenian Trade Attaché in Iran Vardan Kostanyan met with Indian Minister of State for Ports, Shipping and Waterways Shantanu Thakur on Thursday to discuss the possibility of involving the Indian side in the "dry port" project in Armenia second-largest town of Gyumri.

Within the framework of the Global Maritime Summit of India, the Deputy Minister spoke at the Indo-Pacific Roundtable.

According to the Armenian government, the "dry port" is to become a multifunctional and multimodal hub to serve regional and international companies that need to consolidate customs processes. It will allow the Shirak region to become an industrial zone.

The "dry port" will be adjacent to both Shirak International Airport and the railway station and North-South transportation corridor. It will include the airport as a free economic zone, distribution centers (hubs), small and medium enterprises, light industry facilities, production bases and an international food market.

Currently, a feasibility study is being developed for the project by Maritime & Transport Business Solutions company.-0-

#DRY PORT PROJECT

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