RAILWAY CONNECTING PERSIAN GULF TO BLACK SEA TO PASS THROUGH ARMENIA
16:05, 18 January, 2013
YEREVAN, JANUARY 18, ARMENPRESS. “Rasia FZE” company registered in
the United Arab Emirates will finance the projection, construction,
and implementation of the Armenian South Railway and Armenian South
Swift Road. As reports “Armenpress”, on January 18, 2013 “Armenian
South Railway” and “Armenian South Swift Road” programs launched in
the Ministry of Transport and Communication of the Republic of Armenia
by signing memoranda on trilateral understanding within the framework
of the regional cooperation programs between the Ministry of Transport
and Communication of the Republic of Armenia, “Rasia FZE” company and
“South Caucasian Railway” CJSC. The programs cost USD 3 billion.
The Minister of Transport and Communication of the Republic of
Armenia Gagik Beglaryan noted that the construction of these roads
was included in the election pledges of the President of the Republic
of Armenia Serzh Sargsyan. Among other things Minister of Transport
and Communication of the Republic of Armenia Gagik Beglaryan stated:
“As a result of the program the shortest railway connecting the Persian
Gulf to the Black Sea will be constructed due to the strategic position
of Armenia.”
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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