...

Georgia Announces Tender for Reconstruction of Part of Railway in Baku-Tbilisi-Kars Route

Business Materials 1 August 2007 14:13 (UTC +04:00)

Azerbaijan, Baku / Trend corr S. Aliyev / Marabda-Kartsakhi Railway LLC has announced a pre-qualification tender for development of working draft on reconstruction and construction of railway linking Marabda-Akhalkalaki, according to Azerbaijani Cabinet of Ministers.

The railway is a part of the project on opening of railway service in the route of Baku-Tbilisi-Kars. Initial project was developed earlier. The tender offers development of a concrete working draft on construction, restoration, and renewal of 153km of the railway, which will result in increase of carrying capacity of the railway to 15mln tons of cargo per year.

The railway consists of tree following lots: Marabda-Tetritskaro (29.2km), Tetritskaro-Tsalka (49.7km), and Tsalka-Akhalkalaki (74.1km). The term of construction covers 2008-2010. The working drafts on the first stage should be submitted within tree months since registration of the agreement, on the second stage by 1 March 2008, on the third stage by 1 July 2008.

Tender documents can be received by the applicants by 30 August 2007. Only those applicants who pass pre-qualification will be admitted to the second stage of the tender.

By the end of this year Azerbaijan will allot some $50mln to Georgia from the total credit in the sum of $220mln intended for construction of a part of Baku-Tbilisi-Kars railway. The credit is allotted for 25 years with 1% interest rate. It is aimed at reconstruction and construction of the Georgian part of the railway.

Under the presidential order on 'Arrangements within the framework of Implementation of the project on new railway of Baku-Tbilisi-Kars' a state commission presided by Azerbaijani Transport Minister, Ziya Mammadov, was established. It included the representatives of the Finance Ministry, Foreign Ministry, Economic Development Ministry, as well as the heads of the State Oil Fund, the Railway, and the International Bank of Azerbaijan. The Transport Ministry was appointed the coordinator of the project.

Preliminary cost of the project is assessed at $422mln, with $202mln intended for work in the Georgian part of the railway and $220mln in the Turkish.

Latest

Latest