Georgian Railway to transport over 17 million tons of cargo

Business Materials 22 December 2005 14:44 (UTC +04:00)

During January-November 2005 over 17 million 136 thousand tons of cargo have been carried via the Georgian Railway, which makes 117% of the plan for 2005 and for 2 million 966 thousand tons exceed the 2004 year indices, the report of the “Georgian Railway “LTD says, according to Trend. 1,774,000 tons of freight have been transported in November.

One of the priority issues in the development of the Georgian Railway in 2006 is renewal of the infrastructure, for which the Ltd management plans to spend 69 million Lari. Changes in the investment policy are performed on the account of the capital investments growth and will be built on the financial revenue principle.

In 2006 the Georgian Railways will be able to put through 21 million tons of cargo, instead of 18 million tons.