Armenia will build a second highway leading to Iran which will allow for a sizable increase in cargo traffic between the two neighboring countries
Published:
23 February 2005 y., Wednesday
Armenia will build a second highway leading to Iran which will allow for a sizable increase in cargo traffic between the two neighboring countries, President Robert Kocharian’s office announced Tuesday.
A statement by the presidential press service said work on the new road will start in April and finish next year. It said the Armenian government will spend 6.6 billion drams ($14 million) for that purpose this year.
Details of the project were discussed on Tuesday by Kocharian and Transport and Communications Minister Andranik Manukian. A photograph released by the press service showed the two men leaning over what looked like a map of Armenia’s southeastern Syunik region bordering Iran.
“President Robert Kocharian instructed the minister of transport and communications to keep the construction under daily control, emphasizing that it must be built properly and on time,” the statement said.
The new road will stretch from Syunik’s administrative capital Kapan to Meghri, a small town on the Iranian border. The two towns are already connected by a 50-kilometer highway than runs through the Kajaran mountain pass, the highest in Armenia. It is narrow and often impassable in winter months, complicating Armenian-Iranian trade.
Kocharian’s office said the maximum capacity of heavy trucks traveling along the existing Kapan-Meghri highway is 36 tons. The new road would raise to it 80 tons, it added.
Government sources told RFE/RL that the project discussed by Kocharian and Manukian is a much cheaper alternative to the idea of building a tunnel under the Kajaran pass which has long been discussed by the Armenian and Iranian governments. The tunnel is estimated to cost at least $30 million.
Šaltinis:
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Statistics Lithuania has calculated that, based on provisional data, FDI in Lithuania in 2009 amounted by 5.3 % more than in 2008. Also, direct investment of Lithuanian enterprises abroad grew by 13.9 % in 2009.
more »
Concerns about foreign fish being sold in Europe and what to do about the future of Europe's fisheries industry were aired in a hearing held by the Fisheries Committee on 8 April.
more »
EU opens public debate on its agricultural policy, the prelude to a major reform in 2013.
more »
The European Commission today launched a €35 million call for eco-innovation projects to be funded under the Competitiveness and Innovation Programme.
more »
Bank SNORAS group company Finasta Holding recruits all funds management and investment companies of the group in the Baltic States.
more »
The European Central Bank (ECB) and the European Commission are jointly holding a high-level conference on financial integration and stability at the ECB’s premises in Frankfurt am Main.
more »
Today, the European Central Bank (ECB) is publishing its fourth Report on Financial Integration in Europe, which notes the return towards integration in the European financial markets.
more »
World Bank Group financial commitments since July 2008, just before the full fury of the financial crisis hit, reached US$ 100 billion today as the institution helped countries respond to and recover from the global downturn.
more »
On March 31, 2010, the Executive Board of the International Monetary Fund concluded the Article IV consultation with Serbia.
more »
The International Monetary Fund and the United Kingdom’s Department for International Development have launched a new project to improve macroeconomic statistics in 23 African countries. DFID will provide US$7.5 million over the next five years to support the project.
more »