$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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