AZERI CABINET CONTEMPLATING FINANCING OF JOINT RAILWAY

From: Info-Prod Research (Middle East) | Date: December 16, 2004 | Copyright information

According to "Tehran Times", the Azerbaijani cabinet is contemplating financing part of Iran's Astara-Rasht-Qazvin railroad that passes through Azeri territory, Aref Asgarev, the chairman of Azerbaijan's Railroad Administration said.Credits worth $20m are required to implement part of the Astara-Rasht-Qazvin railroad project that passes through Azerbaijan. The said project is implemented in line with preparations for international North-South Corridor, which could increase the number of the c...

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