ARMENIA IN TALKS WITH IRAN OVER RAILROAD
RosBusinessConsulting, Russia
April 4 2007
RBC, 04.04.2007, Yerevan 16:25:27.It will take around $1bn to build
a railway between Armenia and Iran, the former Soviet republic’s
acting Transport and Communication Minister Andranik Manukian told
journalists in Yerevan. Armenia has a strong desire to implement this
project, but it is too early to speak of its feasibility. Steps are
currently being taken to seek investors, the minister was quoted by
the Armenian news agency ARKA as saying.
Manukian stressed the particular need for this project making it
possible to set up railway service with Iran. In the long run,
Armenia will have the chance to become a transit country in terms
of railway transportation and enter the European market via Russia,
the minister stated.
The construction of a railway between Armenia and Iran is currently
being actively discussed and is on the agenda of top-priority
Armenian-Iranian economic cooperation projects.