Armenian Prime Minister Tigran Sargsyan Receives Newly-Appointed Dir

ARMENIAN PRIME MINISTER TIGRAN SARGSYAN RECEIVES NEWLY-APPOINTED DIRECTOR GENERAL OF CJSC SOUTH CAUCASUS RAILWAY SHEVKET SHAYDULLIN

ArmInfo
2009-02-02 20:35:00

ArmInfo. Armenian Prime Minister Tigran Sargsyan received newly-
appointed Director General of CJSC South Caucasus Railway (SCR)
Shevket Shaydullin, the Armenian governmental press-service told
ArmInfo. To recall, SCR is the concessionaire of Armenian Railway
and the branch of OJSC Russian Railways (RR).

During the conversation Tigran Sargsyan said that the concessionaire of
Armenian Railway has caused discontent of both business environment and
the public. The issue was discussed at various levels, during the visit
of RR Head Vladimir Yakunin to Armenia, as well as in course of the
visit of Russian President Dmitry Medvedev to Armenia and afterwards
it was also discussed with Russian Prime Minister Vladimir Putin.

Shaydullin pointed out that his company had adopted a new policy:
it is not only an investor but also a company building a nationwide
transport network and implementing projects to integrate Armenia’s
transport system into the European transport network.

Shaydullin said that the company was committed to fulfill its
obligations.

Its cooperation with the Ministry of Transport and Communication
of Armenia is effective. However, in order to avoid some technical
problems, the parties have to sign a number of additional agreements,
particularly, a social-economic agreement.

Sargsyan said that the Armenian Government would actively support
the North-South railway corridor project.

Shevket Shaydullin was appointed Director General of South Caucasian
Railways Dec 12 2008. Before the appointment he was Director of
Sverdlovsk Railways.

Jan 16 2008 Russian Railways won concession over Armenian Railways. In
2007 RR said that it was ready to invest $570mln in AR, of which
$230mln in the following five years.