TODAY.AZ / Business

Azerbaijan may allocate additional funds for Georgian section of Baku-Tbilisi-Kars railway

29 September 2010 [18:15] - TODAY.AZ
The Azerbaijani Ministry of Finance may provide additional funding for work on the Georgian section of the Baku-Tbilisi-Kars railway, Finance Minister Samir Sharifov said.
"It is necessary to implement this project. We will make necessary decisions to finance the project," Sharifov said.

A new 105-kilometer branch railroad will be constructed as a part of the Baku-Tbilisi-Kars Railway. About 76 kilometers will traverse Turkey, with 29 kilometers passing through Georgia. Moreover, an Akhalkalaki-Tbilisi-Marabda railway section will be reconstructed in Georgia to increase transport capacity to 15 million tons of cargo a year.

The constriction will be completed in the first half of 2012, Azerbaijani Transport Minister Ziya Mammadov said earlier. He said despite the previously agreed terms of the project's implementation, the sides are working to accelerate the process and complete most of the work by late 2011.

The corridor's peak capacity will be 17 million tons. Initially, the figure will be 1 million passengers and 6.5 million tons of cargo.


/Trend/
URL: http://www.today.az/news/business/74274.html

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