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Armenia Announces The Launch Of Two Transportation Projects

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  • Armenia Announces The Launch Of Two Transportation Projects

    ARMENIA ANNOUNCES THE LAUNCH OF TWO TRANSPORTATION PROJECTS

    http://en.trend.az/regions/scaucasus/armenia/2109640.html
    18 January 2013, 16:34 (GMT+04:00)

    By order of Armenian president Serzh Sargsyan, the Minister of
    Transportation and Communications Gagik Beglaryan announced the launch
    of "The Southern Railway of Armenia" and "The Southern High-Speed
    Railway of Armenia" projects, valued at $3 billion, the company Rasia
    said, ARKA agency reported.

    The signing ceremony was attended by senior government officials,
    ambassadors, representatives of investment and sovereign wealth funds
    as well as corporate leaders from Armenia, China, Russia, the United
    Arab Emirates and Iran.

    In addition, "South Caucasus Railways", the Ministry of Transport
    and Communications of the Republic of Armenia and Rasia signed a
    tripartite Memorandum of Understanding on regional cooperation aimed
    at the development of The Southern Railway of Armenia.

    It is assumed that the Southern Railway of Armenia will be a
    single-track electrified railway 316 km long, extending from the
    area of Ghawar, located next to Lake Sevan, to the southern border of
    Armenia near the town of Meghri where the line will be connected with
    the existing main Armenian railway system. The Southern high-speed
    railway of Armenia will have a length of 110 km and will run from
    Sisian to the southern border of Armenia near the town of Meghri.

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