Azerbaijan-Russia-Iran Railway Corridor

From, news that the construction of the Kazvin-Resht-Astara railroad is scheduled for completion in 2012.  As the article notes:

“…the Azerbaijan-Russia-Iran meeting of the work groups, engaged in the implementation of the international North-South transport corridor finished in Baku yesterday.

At the session the Iranian side informed about work conducted in the construction of the Kazvin-Resht-Astara railroad, the execution of documents, signed at the previous sessions of the trilateral meeting, was considered.

At the same time, the sides discussed proposal of the Russian side “joint concept of cooperation”, touching upon the project of works acceleration. During the discussions it was decided to prepare a business-plan of the said concept.

A final protocol was signed by results of the meeting. Iranian side is committed to finance construction of the railway section from Kazvin to Resht. The works in this direction have been completed by 90%.

Azerbaijani side should modernize a railway section from Yalama to Astara extending to over 500 km, construct 4 station roads (each of 1959 meters), customs and border points, a wheel replacement point as well as a 101 meters bridge.”

This entry was posted on Friday, June 20th, 2008 at 3:42 am and is filed under Azerbaijan, Iran, Russia.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

Comments are closed.

Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.