Armenia To Build New Road To Iran

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.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Doing Business 2010: Governments Set New Record in Business Regulation Reform

A record 131 economies around the globe reformed business regulation in 2008/09, according to the IFC–World Bank Doing Business 2010 report. more »

Haiti: WB Approves US$5 Million Grant for Electricity Services

The World Bank’s Board of Directors today approved a US$5 million grant to improve the quality of electricity services in Haiti and strengthen the financial and operational performance of Electricité d’Haïti, the public electricity utility. more »

Families Becoming Farmers in Tajikistan

Firuza Ziyoeva, a 42-year old mother of five, lacks any sustainable income for her family – her husband is unable to work due to disabilities and their children are all young. more »

IMF Managing Director Dominique Strauss-Kahn Welcomes Singapore’s Commitment of Additional Financial Support for the IMF

The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today regarding Singapore’s commitment to increase fourfold its contribution to the Fund’s New Arrangements to Borrow (NAB) by US$1.5 billion, to a total of US$2 billion. more »

Foreign trade of Lithuania in I half-year 2009

Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in I half-year 2009 made LTL 19 billion, while imports – LTL 21.2 billion. more »

AB Bank SNORAS is the first who suggests certificates of deposits in Lithuania

Since 7 September 2009 AB Bank SNORAS for residents and economy subjects begins to distribute a new savings product - certificates of deposits. more »

Africa's chief development banker urges regional cooperation

“We are 53 diverse countries differently affected by the crisis, 1 billion people that cannot be ignored”. That was the stark message to Members of Parliament's Development Committee from Donald Kaberuka, the head of Africa's Development Bank at a hearing on 3 September in Brussels. more »

Spain: EIB provides EUR 450 million for air traffic control facilities

The European Investment Bank has granted a EUR 450 million loan to AENA (Aeropuertos Españoles y Navegación Aérea) for upgrading and expanding Spain’s air traffic control facilities in order to optimise their overall efficiency and ensure that they comply with international regulations. more »

Prices for industrial production in August 2009 increased by 0.9 per cent

Statistics Lithuania informs that in August 2009, against July, prices for total industrial production sold increased by 0.9 per cent. more »

U.S. jobless rate at 26-yr peak

Despite signs the near two-year U.S. recession may be over - Americans are still finding it hard to get a job. more »