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Turkmenistan to complete its own section of Iran-Turkmenistan-Kazakhstan railway by October

Business Materials 13 January 2014 09:18 (UTC +04:00)

Baku, Azerbaijan, Jan.12

By Fatih Karimov - Trend:

Turkmenistan will complete its own section of the Iran-Turkmenistan-Kazakhstan railway by October this year, the Fars News Agency's correspondent to Turkmenistan reported on Sunday.

The Turkmen president has ordered his deputy for transport and communication affairs that the Turkmen section of the railway should be completed by October 2014.

Over 180 kilometers of the railway in Turkmenistan was constructed in 2013. Just 90 kilometers of the Turkmen section of the railway has has remained to be built.

Intergovernmental agreement on the project "North-South" was signed in 2007 between Kazakhstan, Iran and Turkmenistan. The planned volume of traffic on the route will not be more than 10 million tons a year.

The project will open to countries in Asia and Europe access to the Persian Gulf and Central Asia. Similar opportunities will also appear for the transit of goods from countries in South-East and South Asia, the Indian Ocean coast to the states of Eastern and Northern Europe via Iran, Kazakhstan, Turkmenistan and Russia.

This path is several times shorter than overcoming the Suez Canal. The railway will play a huge role in the desert areas of social infrastructure in the Caspian region and the Northern Territory - from the border with Kazakhstan to Bereket.

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