Monday, March 2 2020 16:33
Marianna Mkrtchyan

SCR investments in 2020 will exceed 4.4 billion drams

SCR investments in 2020 will exceed 4.4 billion drams

ArmInfo. Director General of CJSC South Caucasus Railway Alexey Melnikov at a conference call on March 2 summed up the results of the railway's operation in February  2020. This was reported by the press service of SCR.    According to the head of the Company, during the reporting period,  219.4 thousand tons of cargo was transported, which is 0.5% higher  than last year; SCR services were used by 26.4 thousand passengers  (an increase of 8.4%). At the same time, passenger traffic in  international traffic compared with February 2019 increased by 30%,  in local - by 7.6%.  At the same time, taking into account the  current external economic situation, freight turnover declined  (0.2%versus the level of the previous year), export transportation  (23.5% versus the level of February 2019) somewhat decreased amid the  growth of local transportation (by 13%). 

Such quality indicators of the railway work as, in particular, local  and technical speeds, average train weight, average daily  productivity and locomotive mileage, freight car performance and  turnover have also improved.  According to the data provided by the   CEO, the average monthly salary in the Company amounted to 251  thousand drams, having increased by 24% year on year, while the  growth of labor productivity amounted to about 1%.  The South  Caucasus Railway is carrying out all necessary measures and work to  improve traffic safety and upgrade infrastructure: in particular, the  process of laying sleepers has already begun, the necessary repairs  of the contact network, traction transformers, and the improvement of  automation, telemechanics and communications devices are being  carried out. 

"In 2020, under the SCR investment program, it is planned to invest  more than 4.4 billion drams, of which more than 1.8 billion will be  spent on upgrading the railway infrastructure, and 2.5 billion drams  on updating rolling stock," the General Director of the Company  emphasized.  Speaking about future tasks, Alexey Melnikov noted the  need for comprehensive monitoring in all areas of the Company's  activities, building the most efficient planning system based on real  traffic volumes, balancing budget items, attracting new volumes of  freight and passenger traffic to the railway.  One of the priority  areas, the head of SCR called the improvement of train safety systems   and labor protection, sanitary conditions at workplaces. The last  point is of particular importance in light of the appearance in  Armenia of the first confirmed case of coronavirus. In this regard,  the head of the railway instructed to form a special headquarters,  carry out detailed informing of employees, provide all employees  associated with the transportation of passengers with additional  protective equipment, sets of detergents and disinfectants. These  measures are aimed at preventing morbidity among employees of the  Company. 

<Soon, the holidays will begin in the schools, and we must also  conduct expalantory work with children, explain to them the danger of  the railway, that any games near it are unacceptable. A special work  is to be carried out together with local authorities to inform  residents of cities and villages on the maintenance of right of way  near the railway, where we are now seeing clutter, unauthorized  buildings and vegetable gardens. The issue of cattle grazing near  railway tracks is also an acute issue, which poses a danger to both  animals and railway transport>, the General Director of the Company  emphasized. 

It should be noted that South Caucasus Railway CJSC is a 100%  subsidiary of Russian Railways OJSC and carries out concession  management of Armenian railways. The railway infrastructure of  Armenia was transferred to the concession management of SCR CJSC in  accordance with the Concession Agreement signed on February 13, 2008.   The concession management period is 30 years with the right to extend  for another 10 years.