South-Caucasian Railway Will Continue Reconstruction Works Of Railwa

SOUTH-CAUCASIAN RAILWAY WILL CONTINUE RECONSTRUCTION WORKS OF RAILWAY IN 2010

ARKA
Jan 27, 2010

YEREVAN, January 27. /ARKA/. CJSC "South-Caucasian Railway" (SCR)
will continue reconstruction works of railway in 2010", said Ashot
Unisyan, Head of Railway Service. In 2010 it is intended to capitally
repair 8 km of railway with new material and first of all the direction
Vanadzor-Archut.

Reconstruction of railway in 2009 will allow to include in
capital repair plans of 2010 not only the main way but station and
acceptance-departure ways which make 11 km. The priority is allocation
of investments to modernization of problematic and insecure sections
of railway.

In 2010 it is planned to reconstruct 48 km of railway in Vanadzor,
Gyumri and Sevan. Reconstruction of Shorzha-Zod-Vardenis section
is also priority which is important related to the increase of
transportation sizes of gold-bearing mine. Repair works 2009 allowed
to review speed movements of SCR. In certain sections the speed of
70-80 km/h was registered for passengers’ trains.

In 2009 Center "Diagnostica" was established within CJSC "SCR"
for literate and timely diagnosis of actual state of railway and
planning reconstruction of directions. With this purpose the company
obtained new equipment, rail bus defectoscope-measurement device MTKP
which will improve diagnosis of railway. Concession management of
"Armenian railway" is implemented by CJSC "South Caucasian Railway"
which is 100% affiliate of Open JSC "Russian Railway". SCR accepted
the railway stock of CJSC "Armenian railway" on its balance from June
1, 2008 according to Concession Agreement signed on February 13,
2008. The terms of concession management is for 30 years with the
right of prolongation for another 10 years.