EU TO PROVIDE ARMENIA WITH 2 MILLION EUROS TO REPAIR RAILWAYS

ArmRadio
20.03.2006

The European Union will provide Armenia with 2 million euros under a
TRACECA program to repair the Yerevan-Tbilisi railway route, Gagik
Grigorian, the national TRACECA coordinator and head of foreign
relations at the Transport and Communications Ministry, told Interfax.

Armenian specialists estimate that about 200 million euros will be
used to prepare a feasibility study and 1.8 million euros to repair the
most damaged tracks. The timeframe for the project will be determined
after the feasibility study.