Armenian premier says investments in Armenia-Iran railway construction to reach $2 bln
13.11.2008,
18:20
Investments in construction of Armenia-Iran railway will total $2bln, RA Prime Minister Tigran Sargsyan reported at the RA parliament’s session on Wednesday.
YEREVAN, November 13. /ARKA/. Investments in construction of Armenia-Iran railway will total $2bln, RA Prime Minister Tigran Sargsyan reported at the RA parliament’s session on Wednesday.
The large-scale program offers good investment opportunities, the premier said, adding the government has negotiated with the private investors over their possible participation in the project.
Armenia’s Transport Minister Gurgen Sargsyan previously said the World Bank and the Asian development Bank would co-finance the railway construction project.
It has been fixed that one of the sections of the railway will pass though Jermuk-Meghri. The railway is likely to pass through Sisian and Kapan.
Some 100km of the railway will pass though Iran, with the starting point being the Armenian border. The last station of will be Merand in Iran. Specialists say the railway will be constructed in six years.
In soviet times, Yerevan-Yeraskh-Nakhijevan (Azerbaijan)-Meghri railway, which does not work now, used to link Armenia and Iran.
The new railway will pass through the territory of Armenia, opening an alternative route for imports. The only railway linking Armenia and other countries passes through Georgia. –0--
The large-scale program offers good investment opportunities, the premier said, adding the government has negotiated with the private investors over their possible participation in the project.
Armenia’s Transport Minister Gurgen Sargsyan previously said the World Bank and the Asian development Bank would co-finance the railway construction project.
It has been fixed that one of the sections of the railway will pass though Jermuk-Meghri. The railway is likely to pass through Sisian and Kapan.
Some 100km of the railway will pass though Iran, with the starting point being the Armenian border. The last station of will be Merand in Iran. Specialists say the railway will be constructed in six years.
In soviet times, Yerevan-Yeraskh-Nakhijevan (Azerbaijan)-Meghri railway, which does not work now, used to link Armenia and Iran.
The new railway will pass through the territory of Armenia, opening an alternative route for imports. The only railway linking Armenia and other countries passes through Georgia. –0--
