SCR SWITCHES OVER TO THROUGH RATES WITH GEORGIAN RAILWAY

ArmInfo
2009-04-01 11:03:00

ArmInfo. As a result of a joint work of "South Caucasus Railway" CJSC
with the Georgian Railway, transportation of the loaded 20ft containers
in the direction of Karmir Blur-Poti-Karmir Blur started April 1,
2009, will be calculated at a through rate of 0.48 Sw. francs (~ US
$300) per 1 cont.-km both through the territory of Armenia and Georgia.

This decision aimed at attraction of cargo traffic in the export-import
communication, including from the railway-alternative kinds of
transport.

"We hope that reduction of tariffs will allow to increase the volumes
of container traffic by railway and will create a stable platform for
further development of through technologies of work with contiguous
roads", Chief of commercial shipment unit of "SCR" CJSC Ilya Kelperis
said. Tariff reduction will also allow to assure transparency of the
railway constituent in the cost of carriage when using several kinds
of transport", he added.

SCR CJSC is the 100 percent subsidiary of Russian Railways CJSC. In
February 2008 SCR obtained a concession of the state CJSC Armenian
Railway. The agreement of concession of the Armenian Railroad CJSC
for 30 years with a 20-year renewable period was signed in Yerevan
in February 2008.