SCR plans to provide transport-logistics services
ArmInfo.Armenian Prime Minister Karen Karapetyan during the meeting on May 20 with the Vice-President of Russian Railways Alexander Misharin and General Director of South Caucasian Railways Sergey Valko discussed SCR activities, the results of 2016 work and upcoming programs. The Russian Ambassador Ivan
Volynkin also attended the meeting.
As the press service of the government told ArmInfo, Misharin noted
that all obligations taken under the agreement on trust management,
including those related to investment programs will be implemented.
At the same time, he added that the increase in passenger
transportation was registered by 4%, and another 3% - the volume of
cargo transportation. It was noted that a new program for the
development of SCR is being developed, which is expected to provide
transport and logistics services, implementation of investment
projects to improve infrastructure, develop multimodal
transportation, form a terminal for cargo transportation in Armenia,
and more.
Karapetyan stressed the importance of implementing the
above-mentioned programs. According to him, the Armenian government
is interested in the development of the SCR. At the same time, he
stated that modernization of the infrastructure will not only help to
increase the volume of cargo transportation, but will also increase
the volume of passenger traffic, taking into account the increase in
tourist traffic.
South Caucasus Railways is a wholly owned subsidiary of Russian
Railways and conducts concession management of Armenian railways. The
railway infrastructure of Armenia was transferred to the concession
management of SCR, according to the Concession Agreement signed on
February 13, 2008. The term of the concession management is 30 years
with the right of prolongation for another 10 years.