ArmInfo.The construction of the Yeraskh-Julfa-Ordubad- Meghri-Goradis railway is not a heavy burden for Armenia from a financial point of view. Prime Minister of Armenia Nikol Pashinyan stated this live.
According to preliminary estimates, the construction work will require $200 million and $5 million in investment. At the same time, he indicated that there is a high interest from international donors "As a result, such a combination may be formed that will not require funds from the state budget. Because we need to find out what SCR, Russian Railways, or international European companies that are interested and ready for financing think about it. This is not an issue that can cause financial problems", the Prime Minister said.
According to him, the construction of this railway will connect Armenia with Iran and Russia, and if the borders with Turkey are opened, Armenia will receive a railway connection with Russia, Europe, China, and the resulting economic consequences. "This is what we mean when we say "peace agenda". This project can become the basis of a peace treaty", he said. Pashinyan also noted the significant transit income that Armenia and Azerbaijan will receive.
