TODAY.AZ / Business

Tbilisi can sell Georgia Railway state's stake

25 January 2007 [00:26] - TODAY.AZ
Tbilisi can sell the state's stake in Georgia Railway LLC, said Georgian Economy Minister Georgi Arveladze.

"Government may consider privatization of some part of the shares of the Georgia Railway LLC if foreign investors are interested. The shares may also be floated on the international stock exchanges," he told the APA bureau.

Georgia Railway LLC Director, Irakli Ezugbaya told the APA Bureau that the issue is not under discussion at present.

Experts say potential investors will show great interest in the Company after Kars-Akhalkalak-Tbilisi-Baku railway project is implemented. The State 100% owns the shares of the company.


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