BELARUS NEWS AND ANALYSIS

DATE:

03/04/2007

Ukraine, Belarus' lesson useful in Baku-Tbilisi-Kars railway construction

A group of specialists of Transport Ministries of Azerbaijan, Georgia and Turkey and relevant bodies will visit Ukraine and Belarus on April 16.

The delegation will survey wheels changing stations in the railways borders of Ukraine and Belarus with Europe and will concern themselves about their work regime, Azerbaijan's Transport Ministry's official for Transport Policy and Economy Department Sedreddin Mammadov told APA-Economics.

This visit of the delegation targeted at lesson by these countries in Baku-Tbilisi-Kars railway construction.

Final document on construction of Baku-Tbilisi-Kars railway was signed between Azerbaijan, Georgia and Turkey in February in Tbilisi. Azerbaijani side has extended $200m loan for 25 years for Marabda-Karsi Railway LLC to construct Georgian part of the railway. At the expense of this loan new 29km-road and wheels changing station will be constructed and the old road will be reconstructed.

According to the calculations of the experts, after the operation of the road Azerbaijan will get $50m profit during first years.

Source:

http://www.today.az/news/business/38691.html