Prime Minister Denies Rumors About Soonest Railways Privatization

PRIME MINISTER DENIES RUMORS ABOUT SOONEST RAILWAYS PRIVATIZATION

Armenpress

YEREVAN, APRIL 18, ARMENPRESS: Armenian prime minister Andranik
Margarian has effectively denied today rumors about soonest
privatization of Armenian Railways, saying the government has no such
intentions presently.

The prime minister said the government is trying now to draft
privatization approaches. “The government is still undecided about
when and in what manner this should happen,” he said.

He said the prime minister’s decision to set up a commission to examine
the international experience stemmed from the implementation of a World
Bank credit program for improvement of Armenian railway’s operation,
but not from an intention to privatize the railroad.

He said the experience shows that what can be privatized are the
trains but not the road.