BAKU-KARS-AKHALKALAKI RAILWAY PROJECT TO COST $400 MILLION

PanARMENIAN.Net
11.10.2006 16:03 GMT+04:00

/PanARMENIAN.Net/ Azerbaijan and Turkey will assign joint funds for
the Baku-Kars-Akhalkalaki railway construction, Turkish Ambassador to
Azerbaijan Turan Morali told reporters October 11. He remarked that
the construction will cost some $400 million. "A Turkish delegation
has arrived today to discuss the issue. The construction of this
railway will promote the development of political, strategic and
economic relations between Turkey and Azerbaijan," Morali said.

According to the Ambassador, transportation of cargo by the railway
will cost three times cheaper than by other kinds of transport,
reported Trend news agency.