CONCESSIONARY MANAGER OF ARMENIAN RAILWAY GUARANTEES COMPLETE
FULFILMEMT OF ITS OBLIGATIONS

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YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The current state of the Armenian
raliway and its development prospects were discussed at the September
19 meeting of Armenian President Serzh Sargsyan and Valdimir Yakunin,
the CEO of Russian Railways company – the concessionary manager of the
Armenian railway system. Noting that Armenia has great expectations
that the country’s railway will become a modernised and efficiently
functioning infrastructure under the management of the Russian company,
S. Sargsyan at the same time attached importance to the transparency of
its operation and the proper control of the investment program’s
implementation.

V. Yakunin said that the Russian side now makes an inventory of the
whole system and analyses the situation with the aim of increasing the
efficiency of management. He guaranteed a timely and complete
fulfilment of the obligations assumed by their company.

According to the RA presidential press service, the problem of
alternative communication routes was also discussed at the meeting.