S. ALI SAGHAIAN SAYS THE CONSTRUCTION OF IRAN-ARMENIA RAILROAD IS A PROJECT OF GREAT STRATEGIC IMPORTANCE NOT ONLY FOR THE TWO STATES BUT ALSO FOR THE WHOLE REGION
ARMENPRESS
JUNE 2, 2009
YEREVAN
Construction of Iran-Armenia railroad is a project of great strategic
importance not only for the two states but also for the whole region.
Ambassador of Iran to Armenia Seyed Ali Saghayan told Armenpress
that the railroad can be considered a very convenient direction for
cargo transportation.
According to him, the Iranian technical-expert group has lately visited
Armenia to study in what direction the railroad must be constructed.
"Besides that we expect the investors to display interest towards
the project and Russia seems to be interested in the participation
of the project implementation," the Ambassador noted.
According to S. Ali Saghayan the political decision of construction of
the railroad has already been reached – during the Armenian President
Serzh Sargsyan’s visit to Iran an agreement has been reached and at
present the discussion of technical issues is being conducted.
Different variants of the direction of the railroad are being
discussed. With the initial information investment of 2 billion USD
will be needed for the construction of Iran-Armenia railroad. The
World Bank and Asian Development Bank have expressed interest in the
railroad construction project.