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Iran to Connect Armenia to Intl. Waters

Service : Economy
TEHRAN, April 28 (ICANA) – A senior Iranian official says the country's firms will form a consortium to connect Armenia's rail network to international waters via Iran.
Thursday, April 28, 2011 9:27:08 AM
Iran to Connect Armenia to Intl. Waters

“Iranian companies have expressed their readiness to create a consortium for building roads and railways in Armenia and connecting their rail network to Iran's,” Deputy Minister of Road and Transport Reza Pilpayeh was quoted by Mehr news agency as saying on Wednesday.

According to Pilpayeh, the rail network will be 540 kilometers, of which 480 kilometers will be in Armenia and 60 kilometers in Iran.

He added that a Memorandum of Understanding (MoU) had been signed between the two sides but the agreement had yet to be implemented.

With the implementation of the agreement, Armenia's rail network will be effectively connected to international waters via the southern Iranian port of Bandar Abbas.

Pilpayeh also announced the readiness of Iranian companies to participate in the construction of 624 kilometer of road inside Armenia which will directly link Iran to the Georgian Republic.

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