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
“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE).
more »
According to the unaudited data for three quarters 2009, AB Bank SNORAS earned LTL 4.1 million profit. Although the inter-banking market of the country fixed the banks’ asset decrease (- 4.6 per cent) since the beginning of the year, the assets of Bank SNORAS grew by LTL 249.3 million and were by 4 per cent higher than at the beginning of 2009.
more »
Taking into account changes on domestic money markets AB DnB NORD Bankas, a member of international financial group shall change individual and corporate time deposit rates from November 5.
more »
FL Technics, the leading aircraft maintenance, repair and overhaul (MRO) provider in Eastern Europe, has signed contracts with Air Italy and Air Slovakia for Boeing 737-300 aircraft base maintenance in Lithuania.
more »
Thales UK’s headquarters site in Weybridge has recently held a Halloween charity coffee morning, raising more than £280 for Marie Curie Cancer Care.
more »
New SaaS-Based Vulnerability-Scanning Solution Is Latest Addition to Company’s Application Security Program.
more »
Since 31 October 2009, only LTL 0.99 fee for accepting payments will be applied to clients while making payments for various services (utility fees, communication services, etc.) in all subdivisions of Bank SNORAS.
more »
AB DnB NORD Bankas, the country‘s leader in investment products market, offers a new possibility for the clients to make repurchase deals (repo deals) in the bank’s newly installed on-line trading platform.
more »
The benefits of the integration of eastern Europe’s financial systems into the world economy outweigh the costs that have been highlighted during the global economic crisis, the EBRD has concluded in a new report.
more »
On 22 October 2009, following the favourable opinion expressed in September by the Committee for Fisheries and Aquaculture, the Commission adopted a Regulation establishing the implementing rules for the 2008 Regulation to prevent, deter and eliminate illegal, unreported and unregulated (IUU) fishing.
more »