SCRW CJSC will launch Kars-Gyumri line construction upon final normalization of Armenian-Turkish tiesApril 28, 2009 - 21:16 AMT PanARMENIAN.Net - The company intends to immediately launch Kars-Gyumri line construction upon final normalization of Armenian-Turkish ties, SCRW CJSC Director General Marat Khakov told a news conference today. According to him, all the necessary repair works have already been completed.According to Khakov, Yerevan -Batumi train operations will be resumed in the beginning of June. The line will be operating in accordance with last year's timetable (on alternate days). An increase in transportation speed of up to 50km/hr is scheduled for May. As for transportation tariffs, SCRW CSJC Chief Engineer, Sergey Harutyunyan assured that no price increase is planned for Yerevan -Batumi train tickets, still, competitive prices should be provided as air transportation for the same route will soon be put into operation. Currently the company has been conducting a survey to determine the most called-for route. Upon survey completion SCRW will consider possibilities to launch railway construction in directions necessary. Summer passenger transportation services will launch on May 25, to begin with Yerevan-Sevan and Yerevan -Shorzha lines operation. South Caucasian Railways CJSC is a 100% shareholder of "Russian Railways" CJSC. Under a concession agreement signed on February 13, 2008, "Armenian Railways" CJSC was transferred to the concessionary management of SCR SJSC. The agreement was signed for the term of 20 years, with a possible extension for additional 10 years. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. Armenia parliament to consider draft proposal on impeachment June 17 The Armenian Parliament will hold an extraordinary session on June 17 to consider a draft proposal on the resignation of the government. Armenia to send Deputy Foreign Minister to Berlin’s Ukraine Recovery Conference Georgia will attend the forum at the level of Prime Minister, Foreign Minister, while Azerbaijan will send their Foreign Minister. About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. |