Iran ready to finance construction of its part of railway to Armenia –minister

Iran ready to finance construction of its part of railway to Armenia –minister :Iran is ready to finance construction of its own section of a 160 km railway to Armenia, Armenian energy minister Armen Movsisyan said today to a parliament Q&A session.

According to the minister, the Iranian side is ready to begin the construction once Armenia finds investors for the construction of a part of the facility running in the Armenian territory.

Movsisyan also said the work for a $1.5 million worth feasibility study of the project (financed by Asian Development Bank) was almost over.
According to expert estimates, the cost of this project is $1.7-$2.8 billion. During December 2 visit to Armenia Russian president Vladimir Putin, described this project as financially complicated, but feasible.

Currently, Armenia has a railway leading to neighboring Georgia. A railway to Iran will open for it an alternative route for transportation of energy and other commodities.

Iran ready to finance construction of its part of railway to Armenia –minister

We, Net Translation Services Limited, are in your disposal with our experienced translator team of 35 persons specialized in Rail Systems Terminology in English, German, Russian, French languages Please visit website: Nettercume.com.tr for our references.

67 / 2.223