Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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Armenia - Iran to Construct Railway from Sevan to Meghri

description

Iran and Armenia agreed on the joint construction of a 470 kilometer (292-mile) railway, passing through Armenian territory. The project is estimated to take 5 years and cost between 1.2 and 1.8 billion USD.  The venture seeks to connect Armenia's rail network to Iran's Persian Gulf ports. Russia has recently announced its intentions to participate in the railway and has already pledged part of the $100 million required for the first section of the rail line.

Status

  • Current Status:
  • Discussion Date: Mon, 2009-04-13
  • Contract Date: Tue, 2009-09-15
  • Completion Date:

Citation

1. "Iran, Armenia to finalize railway accord." PressTV. April 13, 2009. Available at http://www.presstv.ir/detail.aspx?id=91330&sectionid=351020102.

2. "Armenia, Iran sign deal to build strategic rail link." Ria Novosti. 15 April 2009. Available at http://en.rian.ru/world/20090415/121147361.html.

3. "Iran-Armenia railway construction", The Messenger, July 1, 2010, available at http://www.messenger.com.ge/issues/2138_june_30_2010/2138_econ_two.html

All projects by Armenian Railways