Wednesday, April 16 2025 18:15
Aline Grigoryan

SCR investment program for 2025 to exceed 2 bln drams

SCR investment program for 2025 to exceed 2 bln drams

ArmInfo.The investment program of the South Caucasus Railway (SCR) for 2025 will amount to more than  2 billion drams (over $ 5 million - ed.). This was announced by SCR General Director Alexey Melnikov in an interview with an ArmInfo correspondent during the opening of the "Primordial Russia" photo  exhibition in Yerevan.

According to Melnikov, the main focus will be on investing in railway  infrastructure, including rolling stock. He also noted that part of  the investment will be directed to the work carried out last year on  emergency restoration in the Lori region. Specifically, it is planned  to allocate more than 400 million drams to strengthen the  infrastructure and roadbed in areas exposed to the Debet River. The  General Director of SCR also touched upon the indicators of passenger  and freight flows, noting that there is currently a significant  decrease in both freight and passengers. According to him, this is  due to the decline in tourist activity in Armenia this year.  Nevertheless, Melnikov expressed hope that with the onset of the  summer season, the number of tourists will increase, and they will  use the services of the railway.