  South Caucasus Railways envisages AMD 15,8 billion worth investments in 2011 October 7, 2010 - 17:54 AMT PanARMENIAN.Net - Over the last 9 months of 2010, South Caucasus Railways (SCR) financing of investment programs comprised AMD 7 billion, including AMD 1,7 billion allocated to modernisation of railroad infrastructure.AMD 15,8 billion worth investments are envisaged in 2011, SCR Director General Shevket Shaydullin stated. “12% and 58% increase in transportation volume and passenger turnover was reported in 2010 compared to 2009 results,” SCR Director General told a news conference in Yerevan.   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 |  Latest news Aliyev travels to Turkey at Erdogan's invitation  On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha.Armenia: Protesters march to parliament, some spend the night on street The protesters did not disperse despite heavy rain that began at around 2 a.m. local time. |
