TEHRAN (Mehr News Agency)—Iran’s Deputy Transportation Minister Wednesday said several companies will form a consortium to carry out major railway and road construction projects and connecting their railway network to Armenia’s.
The deputy minister, Reza Pilpayeh told Armenia’s Ambassador to Iran, Griogory Arakelyan the rail network will be 540 kilometers long, 480 of which will be in Armenia.
He added that a memorandum of understanding has been signed between the two sides but the agreement had yet to be implemented.
With the implementation of the agreement, Armenia’s rail network will be effectively connected to international waters via the southern Iranian port of Bandar Abbas.
Pilpayeh also announced the consortium’s readiness to participate in the construction of a 624-kilometer road inside Armenia which will directly link Iran to Georgia, thus facilitating Armenian transportation to the Black Sea.
Arakelyan expressed hope for expansion of cooperation between Armenia and Iran and agreed with the necessity to establish a joint consortium, referring to the announced project.