Baku to Host Trilateral Meeting within North-South Railway Project
Azerbaijan, Baku, 6 October/ Trend , corr E. Ismayilov/ Working group of Azerbaijan, Iran and Russia will met in Baku on 7 to 8 October within the realization of North-South railway project, State Railway Office of Azerbaijan said.
Project on setting up joint venture for the construction of Gazvin-Rasht-Astara (Iran) - Astara (Azerbaijan) railway will be discussed at the meeting.
North-South transport corridor project envisages the construction of railway from Europe to India and to South-East Asia through Russia, Azerbaijan and Iran. The realization of the project requires over $400mln and much of the construction work will be carried out in Iran who does not have railway transport till the border with Azerbaijan. The construction work worth $35mln to $40mln will be carried out in Azerbaijan.
The construction work in Azerbaijan includes the construction of 8.5km of railway till Astara station of Azerbaijan and station with systems of change of wheel pairs, border and customs infrastructure. There is a need also to construct a frontier railway bridge. The project will be realized on parity basis with Iran.
Some 15mln tons of cargo is expected to be carried through this corridor a year with 10mln to 15mln tons a year.
The correspondent can be contacted at: [email protected]