Armenia: you are confident: entry of railway to Azerbaijan will bring serious investment to Yerevan

Commissioning of the Railway Plot Goradis – Megry – Ordubad – Julf – Yerash (Aracedenen) will bring very serious investments to Armenia, Arminfo Ex-Prime Minister Armenia Aram Sargsyan.

“It is clear that the site in Armenia will have to restore almost from scratch, since the rails and sleepers were dismantled back in 2000 and sold to Iran. In a short period of my premiership, I spoke against such a” business “, banning the sale, after What was faced with serious dissatisfaction of the then President Robert Kocharian, “said former prime minister.

The project, according to Sargsyan, is interesting not only to direct participants, but also for potential investors, which, in his opinion, is the key to exercise in the future of considerable investments in the Armenian economy.

According to Sargsyan, as a rule, any territories on which railways work, always cause investor interest. And foreign investors will invest in Armenia if only because this infrastructure will associate the 80 million markets of Turkey and Iran.

Armenian publication reminds that on December 16, the Armenian Prime Minister Nikol Pashinyan confirmed Ilham Aliyev’s President with the President of Azerbaijan Ilham Aliyev in Sochi and Brussels. In this connection, he instructed to start preparatory work for the construction of its Armenian sites. According to him, Armenia and Azerbaijan are planning to complete the construction within 2-3 years.

According to preliminary calculations of the Ministry of Territorial Administration and Infrastructures of Armenia, the restoration of the railway on the territory of Armenia will cost more than $ 226 million. $ 221 million are necessary for the restoration of the 45-kilometer plot in Megry, another $ 5 million to restore the kilometer plot in Erashe.