The minister noted that Turkey's Yuksel Domanic Company will develop and hand project on construction of Georgian part of railroad project. Azerbaijan has already allocated $50m to the project and will allocate $150m after the construction works start.

Azerbaijani side has extended $200m credit to Georgia's Marabda Kartsakhi railways LLC for Baku-Tbilisi-Akhalkalak-Kars railway project, APA-Economics reports.