TODAY.AZ / Business

AZN 2 bln to be allocated for railway development in Azerbaijan

13 October 2008 [13:48] - TODAY.AZ
The state program for development of Azerbaijani railway has been worked out for 2009-2012.
The overall cost of the program is AZN 2 bln (about $2.5 bln by the current rate), said head engineer of the Azerbaijani State Railway Company Gurban Nazirov, according to Novosti-Azerbaijan.

"After being coordinated with the due state structures, the draft program has been introduced for ratification to the government. The program envisions reconstruction of the Azerbaijani railway", he told reporters Monday.

He noted that the program reflects all spheres of railway operation.

"The Azerbaijani railroad will be fully reconstructed in the next 4-5 years in the framework of this program", resumed Nazirov.

URL: http://www.today.az/news/business/48192.html

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