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    Categories: 2022

Investment expenditure of South Caucasus railway totaled AMD 2.3bln. in Jan-June 2022

ARMINFO
Armenia –

ArmInfo.In the first half of 2022, the investment expenditure of the South Caucasus railway totaled AMD 2.3bln.

A total of 1.6bln was invested in the infrastructure, with AMD 700mln  invested in the rolling stock. 

In obtaining concession in 2008, the South Caucasus railway committed  itself to invest a total of AMD 123bln by July 1, 2022. However, the  company's investments have totaled AMD 139.2bln.

Vicken Chmshkian: