ArmInfo.Prime Minister of Armenia Nikol Pashinyan and General Director of South Caucasus Railways (SCR) Sergey Valko, discussed the activities of SCR in Armenia and programs envisaged for implementation in the near future.
As the press service of the government reports, the interlocutors also touched upon issues related to the development of transport infrastructure, modernization, passenger and freight volumes, providing access to services and increasing efficiency.
To recall, South Caucasian Railway CJSC is a 100% subsidiary of Russian Railways OJSC and conducts concession management of Armenian railways. The railway infrastructure of Armenia was transferred to the concession management of SCR under the agreement signed on February 13, 2008. The term of concession management is 30 years with the right of extension for another 10 years. According to the National Statistical Service of the Armenia, rail freight traffic in the first half of this year increased by 6.9%- up to 1 434.8 thousand tons. At the same time, rail passenger transportation increased by 7.5% to 159.6 thousand passengers.
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