Transport ministers says discussions on Iran-Armenia railway construction continue
The Armenia government continues discussions on the construction of Iran-Armenia railway, Minister of Transport, Communication and Information Technologies Vahan Martirosyan told reporters at a briefing on Tuesday.
As the minister revealed, Rasia FZE, which is a Dubai-based investment company, is involved in the talks.
“We have an existing contract with the company which is set to attract investments to Armenia. I held two meetings with company CEO and suggested to speed up the process, otherwise the state will review the contract,” Martirosyan said.
To note, the Armenian and Iranian governments officially approved the railway project in 2009, however the lack of concrete financing sources for the railway that would cross most of the Armenian territory, has stalled the project implementation thus far.
According to an informal estimation, the project would need between USD 1 and 4 billion.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
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