Axar.az
UP
21 August 2018


Iran to draw loan for bridge construction on border

Home page Society
12 Punto 14 Punto 16 Punto 18 Punto

Iran will draw a loan to finance its part of the construction of a railroad bridge over the Astara River on the Azerbaijani-Iranian border, Javid Gurbanov, head of Azerbaijan Railways JSC, told Trend April 21.

Gurbanov has not specified the amount, source and timing of drawing the funds by Iran.

He said that Azerbaijan will finance the construction of its part itself.

A groundbreaking ceremony was held in the Azerbaijani city of Astara Apr. 20 for construction of a railroad bridge over the Astara River.

At present, the sections of the Qazvin-Rasht and Astara (Iran) - Astara (Azerbaijan) railway are being constructed as part of the project.

The Astara (Iran) - Astara (Azerbaijan) section is planned to be constructed in 2016, while the Qazvin-Rasht section in 2017. The Rasht-Astara railway will be under construction simultaneously.

The Qazvin-Rasht-Astara railway is a part of the North-South transport corridor. Construction investments are estimated at $400 million.

Initial plans call for transporting six million tons of cargo through the corridor a year, which is expected to reach 15-20 million tons per year in the future.

Date
2016.04.21 / 11:30
Author
Axar.az
Comments
See also

Woman killed by alligator while defending her dog

Ilham Aliyev extends congratulations to Azerbaijanis

Chinese inventor presents flying scooter after years of testing - Video

Putin congratulates Russia’s Muslims on Eid al-Adha holiday

"Novichok" survivor rushed to hospital again after going blind

North Korea’s leader criticizes health sector

Iran unveils first domestic fighter jet - Photo

Moscow confirms Taliban's participation in meeting

Several missiles fired at Kabul during President's speech

Armenia violated ceasefire 79 times

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla