Victor Rebets: We have right to operate Iran-Armenia railway

Victor Rebets: We have right to operate Iran-Armenia railway

January 04, 2014 | 17:02

South Caucasus Railway (SCR) Closed Joint-Stock Company has the right
to operate the Iran-Armenia railway, SCR General Director Victor
Rebets toldArmenian News-NEWS.am.

The aforementioned right is reinforced by a trilateral agreement,
which was signed in early 2013 among the Transport and Communication
Ministry of Armenia, the Rossiya investment company, and the SCR.

The SCR parent company, however, has not yet decided on whether to
participate in this project.

So far, it has been decided that the CCCC Chinese company will take
part in the construction of the railway.

SCR has negotiated with the industrial palace of Iran concerning the
organizational matters.

As per Rebets, according to preliminary estimates, the project will
cost more than $3 billion.

http://news.am/eng/news/185892.html

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