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Railway construction from Armenian border to Horadiz could require more than $1 billion

armenpress.am42 minutes ago
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Railway construction from Armenian border to Horadiz could require more than $1 billion

Minister of Economy Vahan Kerobyan revealed estimated costs of the construction of the Yeraskh-Julfa-Ordubad-Meghri-Horadiz railway.

Speaking to reporters after the Cabinet meeting, he said that some nuances must be taken into account, ranging from the timeframes up to the specific parts where the railway will be constructed.

“I know that very little money is required for repairing the passing from Armenia to Iran near Yeraskh. It’s just about a few hundred meters of renovation here. The second more major investment is the restoration of the railway in Meghri, which is rather costly because the past railway has been ent...

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