ADB TO DISCUSS THE POSSIBLE GRANT FOR IRAN-ARMENIA RAILWAY FEASIBILITY STUDY

/PanARMENIAN.Net/
02.07.2009 19:52 GMT+04:00

/PanARMENIAN.Net/ The mission of the Asian Development Bank will
visit Armenia next week to finalize negotiations over the grant for
the Iran-Armenia railroad feasibility study, Gurgen Sargsyan, the RA
Minister of Transport and Communication of Armenia said today.

Sargsyan recalled that, given the importance of the construction and
the interests of all stakeholders, a working group was established
at the level of deputy transport ministers of Armenia, Iran and
Russia. The construction of the Iran-Armenia railway will contribute
to the general concept of the railway network development of Armenia,
RA transport minister said.

Presentation of the concept of high-speed highways and North-South
railways held in Yerevan. The event was initiated by the Ministry
of Transport and Communications of Armenia and Hayastan All-Armenian
Fund. The concept of the railway network development of Armenia was
elaborated by the large German-Austrian auditing company iLF with
financial support of OJSC Concern MON-ARKH.

From: Emil Lazarian | Ararat NewsPress