RZD can join Iran-Armenia link construction but won't finance it

October 28, 2008 - 17:17 AMT
PanARMENIAN.Net - Russian Railways (RZD) can join construction of the Iran-Armenia link but won't finance it, President of the Russian monopoly Vladimir Yakunin said.



"Armenia supposes that a new link connecting it with Iran is essential. However, concession funds and RZD investments will not be spent on construction. I don't think the Armenian side will be the only investor. To all appearance, it will be a financial consortium. We are ready to consider the possibility of our participation but other financial sources will be used for it," he said, RIA Novosti reports.
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