SCR says concerned about Armenian transport minister’s recent statement
19.03.2009,
21:21
The leadership of South Caucasus Railways (SCR) says RA Transport Minister Gurgen Sargsyan’s recent statements can harm the reputation of the Armenian-Russian large-scale project.
YEREVAN, March 19. /ARKA/. The leadership of South Caucasus Railways (SCR) says RA Transport Minister Gurgen Sargsyan’s recent statements can harm the reputation of the Armenian-Russian large-scale project.
“We are currently creating all necessary preconditions to ensure long-term effectively and financial stability of Armenia’s rail transport. Our aim is to enhance the quality of consumer services, expand the country’s transport business and integrate into the Eurasian transport logistic system.
To achieve this goal, we need relevant authorities’ understanding and proper attitude,” SCR Director General Shevket Shaidulin said in his open letter to RA Minister of Transport and Communication Gurgen Sargsyan.
During the March 17 meeting with reporters, the transport minister said SCR fulfilled only 28% of its investment program and partially implemented its commitments to the Concession agreement.
“I inform you that SCR investments totaled 2.5bln rubles (with cash drive) in 2008, with 1bln rubles being actualized (with the input of main funds). The rest of the money will be invested in 2009 programs. Under the Concession agreement, we have earmarked 612mln rubles for our main fund, which is 61% of total concessionary commitments in 2008,” Shaidulin said in his letter.
In early 2009, SCR and the RA Ministry of Transport set up a joint commission to monitor fulfillment of the concession agreement.
Together with the RA Ministry of Transport and Communication, the company worked out a common vision of solving existing problems.
“However, the dialogue you have drawn into is neither constructive nor effective. Armenia’s rail transport is facing major problems. To address them, we need a constant watch and conscientious approach,” Shaiduin said, pointing out the company’s flexible tariff policy.
“Amid the crisis, we have to maintain low tariffs without economic reserves, so that we can preserve transportation rates, secure profits and keep working with a busy schedule,” the SCR director general said, adding SCR is a national company aiming to boost Armenia’s economy.
On 1 June 2008, SCR, a wholly-owned subsidiary of Russian Railways, received property owned by Armenian Railways under the February 13, 2008 concession agreement the parties concluded for 30 years, with a right of extension for another 20 years after the first 20 years of operation. 0--
“We are currently creating all necessary preconditions to ensure long-term effectively and financial stability of Armenia’s rail transport. Our aim is to enhance the quality of consumer services, expand the country’s transport business and integrate into the Eurasian transport logistic system.
To achieve this goal, we need relevant authorities’ understanding and proper attitude,” SCR Director General Shevket Shaidulin said in his open letter to RA Minister of Transport and Communication Gurgen Sargsyan.
During the March 17 meeting with reporters, the transport minister said SCR fulfilled only 28% of its investment program and partially implemented its commitments to the Concession agreement.
“I inform you that SCR investments totaled 2.5bln rubles (with cash drive) in 2008, with 1bln rubles being actualized (with the input of main funds). The rest of the money will be invested in 2009 programs. Under the Concession agreement, we have earmarked 612mln rubles for our main fund, which is 61% of total concessionary commitments in 2008,” Shaidulin said in his letter.
In early 2009, SCR and the RA Ministry of Transport set up a joint commission to monitor fulfillment of the concession agreement.
Together with the RA Ministry of Transport and Communication, the company worked out a common vision of solving existing problems.
“However, the dialogue you have drawn into is neither constructive nor effective. Armenia’s rail transport is facing major problems. To address them, we need a constant watch and conscientious approach,” Shaiduin said, pointing out the company’s flexible tariff policy.
“Amid the crisis, we have to maintain low tariffs without economic reserves, so that we can preserve transportation rates, secure profits and keep working with a busy schedule,” the SCR director general said, adding SCR is a national company aiming to boost Armenia’s economy.
On 1 June 2008, SCR, a wholly-owned subsidiary of Russian Railways, received property owned by Armenian Railways under the February 13, 2008 concession agreement the parties concluded for 30 years, with a right of extension for another 20 years after the first 20 years of operation. 0--
