In 2009 investments into railway system will comprise RR 2,7 billion

In 2009 investments into Armenian railway system will comprise RR 2,7 billion
16.05.2009 15:45 GMT+04:00

/PanARMENIAN.Net/ `It’s time to put the Armenian railways in order,’
said RF vice prime minister Sergey Ivanov a press conference. Prior to
that, management of the South Caucasus Railways company submitted a
business plan aimed at development of the company, improving the
quality of service, renovation of vehicles, as well as anti-crisis
program and investment plan. Management of Russian Railway expressed
readiness to invest in the South Caucasus Railway RR 2,7 billion .

CJSC South Caucasus Railways is a subsidiary of OJSC Russian
Railways. According to concession, signed on February 13 last year
«Armenian Railways» were passed to concession management of South
Caucasus Railways for a 30 year period with permission to prolongate
the term for another 10 years. South Caucasus Railways pledged to make
investments into infrastructure.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS