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$1 Billion Needed For Constructing Iran-Armenia Railway

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  • $1 Billion Needed For Constructing Iran-Armenia Railway

    $1 BILLION NEEDED FOR CONSTRUCTING IRAN-ARMENIA RAILWAY

    ArmRadio.am
    04.04.2007 16:16

    Investments of about $1 billion will be necessary for the construction
    of the Iran-Armenia railway. RA Minister of Transport and Communication
    Andranik Manukyan told the journalists they are looking for investors
    to implement the program. According to the Minister, in the result
    of the project Armenia will have direct communication with Iran and
    countries of the Middle East, becoming a transit country. Besides, the
    new railway will become an alternative to Kars-Akhalkalaki railroad.
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