Iran-Armenia Railroad Construction Project Enters Agreement Phase

IRAN-ARMENIA RAILROAD CONSTRUCTION PROJECT ENTERS AGREEMENT PHASE

/PanARMENIAN.Net/
29.07.2009 16:12 GMT+04:00

/PanARMENIAN.Net/ The agreement will be signed with the Asian
Development Bank (ADB) over loan funds for the feasibility study (FS)
of the Iran-Armenia railroad construction project, Gurgen Sargsyan,
Minister of Transport and Communication of Armenia said today.

According to Gurgen Sargsyan, within a year, an agreement will be
signed with ADB under which Armenia will receive funding to implement
the feasibility study.