ID :
23166
Tue, 10/07/2008 - 18:24
Auther :

TRILATERAL MEETING ON NORTH-SOUTH RAILWAY CORRIDOR DUE IN BAKU

Baku, 07 0ctober ,(AzerTAj)The North-South railway project is to be discussed in Baku, press service of Azerbaijan railways told. As stated, the sides are to discuss documentation to the project on realization of international transport corridor North-South among Azerbaijan, Russia and Iran, on creation of joint venture for
construction of railway Gazvin-Resht-Astara (Iran)-Astara (Azerbaijan), and other issues.

The transport corridor project is suggested to connect Europe through Russia to
Azerbaijan and Iran and further to India and South-East Asia.
Realization of the Project will take $400 million, about $40 million of which falls
to share of Azerbaijan where volume of the construction works includes construction
of 8,5 km railway and a bridge.
At first stage, capacity of the corridor will make up 5 million tons of consignment
and further will reach 10-15 millions per year.




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