VICTORY OF RUSSIAN COMPANY WILL BE ANNOUNCED JANUARY 15
Lragir
Dec 14 2007
Armenia
The tender for the management of the Armenian railroad was transparent,
stated the World Bank regional vice president for Europe and Central
Asia Shigeo Katsu. In the beginning more than one participant were
expected but in the end, unfortunately, only one was left, he said.
According to him, in this case it is necessary to guarantee that the
company works in the interests of the society. Sufficient coordination
and control of the services provided by the concessionaire are needed,
Katsu said.
In the beginning two companies, a Russian and an Indian, bid for the
management of the railroad. Later the Indian company withdrew its
bid. On December 21 the feasibility study of the Russian Railroad
will become known, on January 8, 2008 the bid. The winner of the
tender will be announced on January 15. The management of the Armenian
railroad will be taken up for 30 years on the condition of prolonging
for another 20 years.