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Construction Of Iran-Armenia Railroad Is A Project Of Great Strategi

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  • Construction Of Iran-Armenia Railroad Is A Project Of Great Strategi

    CONSTRUCTION OF IRAN-ARMENIA RAILROAD IS A PROJECT OF GREAT STRATEGIC IMPORTANCE

    AZG Armenian Daily
    03/06/2009

    Armenia-Iran

    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 Sargsin'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.
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