Azerbaijan, Georgia and Turkey has confirmed the preliminary cost of the project for the construction of the rail link through the route of Kars-Akhalkalaki-Tbilisi-Baku. The Head of the Azerbaijan State Railway Department, Arif Askerov stated on 13 October that the preliminary cost of the project will be $422 mln, Trend reports.
On 13 October, the Azerbaijani Transport Minister Ziya Mammadov will meet in Baku with the Georgian Economic Development Minister, Irakli Chogovadze, to discuss the issue of financing the project.
The project to build a rail transport corridor through the route of Kars-Akhalkalaki-Tbilisi-Baku includes the construction of the rail stretch of Kars-Akhalkalaki 98 km long, with 68 km stretch through the territory of Turkey and a 30 km stretch through Georgia. In addition, it is also intended to reconstruct the necessary part of the Akhalkalaki-Tbilisi stretch.