A Number Of Countries Greeted The Project Of Construction Of Iran-Ar

A NUMBER OF COUNTRIES GREETED THE PROJECT OF CONSTRUCTION OF IRAN-ARMENIA RAILWAY

ARMENPRESS
Oct 26, 2009

YEREVAN, OCTOBER 26, ARMENPRESS: A number of countries – Russia, China
and Kazakhstan – greeted the project of construction of Iran-Armenia
railway. Iranian ambassador to Armenia Seyed Ali Saghayan told
Armenpress that a group of experts from Iran arrived in Armenia
for making initial studies and presented the report to the Armenian
authorities. "Taking into consideration that from the financial point
of view it is a big project currently we are waiting for a response
to pass to practical steps," the ambassador said.

According to the arrangement, the Asian Development Bank has expressed
readiness to provide sum, the World Bank also expressed interest
toward the project.

Ali Saghayan said for the construction of the railway according to
initial calculations 2-2,5 billion USD will be needed.

For continuing the discussions over the implementation of the project
Armenian Transport and Communication Minister will in near future
will visit Iran. The ambassador also said that by the end of the year
regular session of the Iran-Armenia inter-governmental commission
will be conducted in Yerevan.

The implementation of the project will last for about 5 years.

According to initial calculations, the railway will be 470 km-long,
60 km will pass through the Iranian territory.