Arminfo.info



 Wednesday, December 29 2021 13:51
David Stepanyan

Forecast: Commissioning of the Yeraskh-Julfa-Ordubad-Meghri-Horadiz  railway section will increase the investment attractiveness of  Armenia

Forecast: Commissioning of the Yeraskh-Julfa-Ordubad-Meghri-Horadiz  railway section will increase the investment attractiveness of  Armenia

ArmInfo. The commissioning of the Yeraskh-Julfa-Ordubad-Meghri-Horadiz railway section will significantly increase the investment attractiveness of Armenia.   Chairman of the "Republic" party, former Prime Minister of Armenia  Aram Sargsyan expressed a similar opinion to ArmInfo.

On December 16, Armenian Prime Minister Nikol Pashinyan confirmed the  agreement reached at the meetings with the President of Azerbaijan in  Sochi and Brussels on the construction of the  Yeraskh-Julfa-Ordubad-Meghri-Horadiz railway section. In this regard,  he instructed to begin preparations for construction on its Armenian  section. According to him, Armenia and Azerbaijan plan to complete  the construction within 2-3 years.

"It is clear that this section on the territory of Armenia needs to  be restored from scratch, since the rails and sleepers were  dismantled in the 2000s and sold to Iran. In a short period of my  premiership, I opposed such a "business", banning the sale, after  which I faced serious discontent with then President Robert  Kocharian, "he said.

In any case, according to Sargsyan, the project is quite interesting  not only for the direct participants, but also for potential  investors, which, in his opinion, is a guarantee of significant  investments in the Armenian economy in the future. According to  Sargsyan's estimates, as a rule, any territory on which railways  operate always arouses the interest of investors. And foreign  investors will invest in Armenia if only because this infrastructure  will connect the 80 million markets of Turkey and Iran.

According to preliminary calculations of the RA Ministry of  Territorial Administration and Infrastructures, the restoration of  the Yeraskh-Julfa-Ordubad-Meghri-Horadiz railway in Armenia will cost  more than $ 226 million. $ 221 million is needed to restore the  45-kilometer section in Meghri, another $ 5 million for restoration  kilometer section in Yeraskh. 

POST A COMMENT
Input digits     

News
Europe to accompany Armenia and Azerbaijan on their way to peace -  Olaf ScholzEurope to accompany Armenia and Azerbaijan on their way to peace -  Olaf Scholz
Armenia`s ministry of education reveals number of free vacancies in  vocational schoolsArmenia`s ministry of education reveals number of free vacancies in  vocational schools
Armenia`s Ministry of Defense reveals names of pilots killed in  Yak-52 crash  Armenia`s Ministry of Defense reveals names of pilots killed in  Yak-52 crash  
FMs` next 3+3 meeting to take place in Turkiye soon - Iranian  ambassador FMs` next 3+3 meeting to take place in Turkiye soon - Iranian  ambassador 
U.S forming powerful anti-Russian and anti-Iranian coalition in South  Caucasus - expert U.S forming powerful anti-Russian and anti-Iranian coalition in South  Caucasus - expert 
French ambassador to Armenia visits LoriFrench ambassador to Armenia visits Lori
Armenian premier holds meetings in London Armenian premier holds meetings in London 
Azerbaijani MFA responds to French president Azerbaijani MFA responds to French president 
It was Azerbaijan that unleashed 2020 war - Emmanuel Macron It was Azerbaijan that unleashed 2020 war - Emmanuel Macron 
Russian MP comments on employment of U.S. officer by Armenia`s  defense minister Russian MP comments on employment of U.S. officer by Armenia`s  defense minister 
Armenia`s MFA refutes Azerbaijani claim Armenia`s MFA refutes Azerbaijani claim 
Armenian premier reportedly refused meeting with Azerbaijani  president Armenian premier reportedly refused meeting with Azerbaijani  president 
Armenia`s high-tech industry minister, ICPC chairman discuss joint  research programmes between Armenian higher schools and ICPCArmenia`s high-tech industry minister, ICPC chairman discuss joint  research programmes between Armenian higher schools and ICPC
Armenia s government to allocate AMD 15.7mln to joint exhibition with  British MuseumArmenia s government to allocate AMD 15.7mln to joint exhibition with  British Museum
Azerbaijan arming itself actively - Armenian MPAzerbaijan arming itself actively - Armenian MP
Armenia`s CSTO membership is something only Armenian government can  decide  - U.S. Under-Secretary of State Armenia`s CSTO membership is something only Armenian government can  decide  - U.S. Under-Secretary of State 
U.S. is steadfast in reinforcing a sovereign, democratic, independent  Armenia U.S. is steadfast in reinforcing a sovereign, democratic, independent  Armenia 
Opening `Zangezur corridor` not on Moscow`s agenda - Sergei Kopyrkin Opening `Zangezur corridor` not on Moscow`s agenda - Sergei Kopyrkin 
Armenia`s new Constitution could be adopted not earlier than 2027Armenia`s new Constitution could be adopted not earlier than 2027
 European Council approves European Commission`s proposal for  negotiations on visa liberalization with Armenia European Council approves European Commission`s proposal for negotiations on visa liberalization with Armenia
Magdalena Grono to replace Toivo Klaar as Special Rep for South  CaucasusMagdalena Grono to replace Toivo Klaar as Special Rep for South  Caucasus
Armenia`s premier goes on working visit to UKArmenia`s premier goes on working visit to UK
Promoting protection of human rights and strengthening national  institutions project presented in Yerevan Promoting protection of human rights and strengthening national  institutions project presented in Yerevan 
Armenian FM, UNECE Executive Sec discuss cooperation Armenian FM, UNECE Executive Sec discuss cooperation 
Model projects of houses for forcibly displaced Nagorno-Karabakh  Armenians presented Model projects of houses for forcibly displaced Nagorno-Karabakh  Armenians presented 
Earthquake in Georgia felt in Armenia Earthquake in Georgia felt in Armenia 
Armenian vice-premier, U.S. Undersecretary of State discuss  cooperation in dealing with problems of forcibly displaced  Nagorno-Karabakh Armenians Armenian vice-premier, U.S. Undersecretary of State discuss  cooperation in dealing with problems of forcibly displaced  Nagorno-Karabakh Armenians 
EU has no official contact with Russia - Markus RitterEU has no official contact with Russia - Markus Ritter
RAU, Military Academy sign memorandum of cooperationRAU, Military Academy sign memorandum of cooperation
What rights of Artsakh Armenians can be discussed, with Armenia`s  `bicycle` foreign policy? - expertWhat rights of Artsakh Armenians can be discussed, with Armenia`s  `bicycle` foreign policy? - expert
Armenian FM meets with minister of economy of Oman Armenian FM meets with minister of economy of Oman 
Armenia`s authorities preparing public for new concessions Armenia`s authorities preparing public for new concessions 
GAIFF Pro Industry Platform announces its winners for 2024 editionGAIFF Pro Industry Platform announces its winners for 2024 edition
Use of force, gross violations of human rights, ethnic cleansing,  continue to define international relations  - Ararat Mirzoyan  Use of force, gross violations of human rights, ethnic cleansing,  continue to define international relations  - Ararat Mirzoyan  
U.N. should demand from Azerbaijan release of all Armenian prisoners  before COP29 summit - ExpressU.N. should demand from Azerbaijan release of all Armenian prisoners  before COP29 summit - Express
Washington continues to push Yerevan and Baku toward a peace  agreement - U.S. Dept of StateWashington continues to push Yerevan and Baku toward a peace  agreement - U.S. Dept of State
Baku regime trying to link resumption of Azerbaijani embassy in  Tehran with Iranian presidential election, but it is deception -  expert Baku regime trying to link resumption of Azerbaijani embassy in  Tehran with Iranian presidential election, but it is deception -  expert 
Bilingual catalog dedicated to Armenian cinema released Bilingual catalog dedicated to Armenian cinema released 
I want to see Armenian films not only in Yerevan, but also in New  York, Cannes, Berlin - Alexander Payne I want to see Armenian films not only in Yerevan, but also in New  York, Cannes, Berlin - Alexander Payne 
Joint Armenia-U.S. military exercise Joint Armenia-U.S. military exercise "EAGLE PARTNER 2024"
Armenia`s premier condemns attack on 45th president of U.S. Armenia`s premier condemns attack on 45th president of U.S. 
USAID to provide $4mln for supporting Armenian refugees USAID to provide $4mln for supporting Armenian refugees 
Artsakh residents call on UN to put pressure on Azerbaijan Artsakh residents call on UN to put pressure on Azerbaijan 
Armenian politician warns again being a plaything in other hands`Armenian politician warns again being a plaything in other hands`
I have not yet shot my best film - Jafar Panahi I have not yet shot my best film - Jafar Panahi 
Azerbaijan`s embassy in Iran resumes work Azerbaijan`s embassy in Iran resumes work 
Can government that failed to stop war bring peace? - Vahe  Hovhannisyan Can government that failed to stop war bring peace? - Vahe  Hovhannisyan 
Earthquake hits Armenia Earthquake hits Armenia 
We highly value special relations between our two states - Armenia`s  premier to French president We highly value special relations between our two states - Armenia`s  premier to French president 
Armenia could become hostage to Turkey-Azerbaijan`s whims for next  hundred years - ANCA repArmenia could become hostage to Turkey-Azerbaijan`s whims for next  hundred years - ANCA rep
U.S. Congressman inspired by new generation of American Armenians U.S. Congressman inspired by new generation of American Armenians 
Advantages of franchising discussed in Armenia with Acba Bank`s  participation Advantages of franchising discussed in Armenia with Acba Bank`s  participation 
Iran`s new administration `will prioritize strengthening relations  with neighbors` - Masoud PezeshkianIran`s new administration `will prioritize strengthening relations  with neighbors` - Masoud Pezeshkian
Iran`s potential needs to be used to promote issue of Armenians`  return to Nagorno-Karabakh Iran`s potential needs to be used to promote issue of Armenians`  return to Nagorno-Karabakh 
Armenia interested in developing coooperation with Georgia - premier Armenia interested in developing coooperation with Georgia - premier 
Despite Yerevan`s decision sum will be deposited for Armenia Despite Yerevan`s decision sum will be deposited for Armenia 
West interferes in internal affairs of both Armenia and its neighborsWest interferes in internal affairs of both Armenia and its neighbors
Turkish president has no objections to unblocking of Turkiye-Armenia  border Turkish president has no objections to unblocking of Turkiye-Armenia  border 
53 people use of law to evade military service 53 people use of law to evade military service 
Azerbaijani court sentences Nagorno-Karabakh resident Rashid  Beglaryan to 15 years in prison Azerbaijani court sentences Nagorno-Karabakh resident Rashid  Beglaryan to 15 years in prison 
Read more



Commented