Announcement

Collapse
No announcement yet.

TBILISI: Kars-Akhalkalaki-Baku railway project will strengthen...

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • TBILISI: Kars-Akhalkalaki-Baku railway project will strengthen...

    Kars-Akhalkalaki-Baku railway project will strengthen regional and international integration

    The Messenger, Georgia
    July 27, 2006

    As reported in Svobodnaya Gruzia, the Minister of Transport of
    Azerbaijan, Namik Gasanov, stated before the meeting of the heads of
    the transport ministries of Azerbaijan, Georgia, Turkey and Kazakhstan,
    which is due to take place on July 27 in Astana, that the construction
    of Kars-Akhalkalaki-Baku railway project will strengthen regional
    and international integration.

    "The project will make Georgia, Azerbaijan and Turkey like a united
    organism, and in this sense it has great importance at least from
    the regional standpoint," he stated, noting that "being a unit of
    the infrastructure-transport chain, which links Europe and Asia,
    this project has very great importance in view of international
    integration as well." Gasanov highlighted that realization of the
    project will lead Azerbaijan to Europe via Turkey.

    According to him, experts' assessments show that the project is very
    profitable from the economic standpoint also. "It will bring large
    profits from freight and passengers transportation," he said. Gasanov
    also said that money invested in the project would be recovered in
    two or three years of the railway's operation.

    The Azeri minister also said that the project has great political,
    as well as economic, importance. "This project is also important in
    regard of the settlement of interstate relations," he said.

    Touching upon obstacles the project faces, Gasanov stressed that
    attempts are being made in this direction by Armenia. "Armenia is
    making every effort, even with the help of the U.S. Congress, to impede
    this project and prevent its implementation." According to him, Armenia
    will not be involved in one of the greatest regional projects because
    of their "destructive policy" and "occupation of Azeri territories."

    Gasanov also commented on the cost of the project and said that,
    according to preliminary data, the cost of this project is USD 400
    million. At prior negotiations, the Turkish side agreed to allot USD
    200 million for the realization of the project. "The parties have
    been continuing negotiations on this issue. Georgia also expresses its
    readiness to finance this project, but clarity in this issue will be
    made at the negotiations in Kazakhstan," Gasanov stated. According
    to him, construction of the project will start in 2007 and will be
    completed within two to three years.
Working...
X