Minister: Construction Of Iran-Armenia Railroad To Take At Least Fiv

MINISTER: CONSTRUCTION OF IRAN-ARMENIA RAILROAD TO TAKE AT LEAST FIVE YEARS

ARKA
Oct 10, 2008

YEREVAN, October 10. /ARKA/. Construction of Iran-Armenia railroad
will take at least five years, Armenian Minister of Transport and
Communications Gurgen Sargsyan said.

Currently the study of three available construction options are to be
completed and the best option is to be selected to start design works,
he said at the opening of a philatelic exhibition in Yerevan.

Selection will be based on several criteria, including construction
costs and the length of the railroad, Sargsyan said.

Earlier, the Minister said that construction of Iran-Armenia railroad
may cost $1.5-2bln. The feasibility study of the project was expected
to be completed by the end of summer 2008.

Iran-Armenia railroad will provide an alternate route for
transportation of energy resources and other goods. Today Armenia’s
communication with the outer world is possible only through the
territory of Georgia.