South Caucasus Railway launches corporate web site

PanARMENIAN.Net - "In February 1899 the first train, overcoming 180 kilometers, arrived in Alexanderpol from Tiflis. Since then for Armenia not having a direct exit to the sea and located in mountains 1800 meters high above the sea level, the railway transportation has had an important strategic value in maintenance with the reliable transport communication promoting economic and social development of the Republic," this is an introductory paragraph to the new web site of the South Caucasus Railway CJSC launched on June 19.

The corporate web site www.ukzhd.аm highlights company's activity, reflect its structure and composition of the governing board of directors. Users can get acquainted with recent news in the sphere of railway transportation, information about bids, concession contract and the process of its implementation, RA Law about railway transport and company's tariff policy for 2009, etc. Besides, one can find photo gallery and other helpful information.



CJSC South Caucasus Railways is a subsidiary of OJSC Russian Railways. According to concession, signed on February 13 last year «Armenian Railways» were passed to concession management of South Caucasus Railways for a 30 year period with permission to prolongate the term for another 10 years after the first twenty years of work. South Caucasus Railways pledged to make investments into infrastructure. According condition Armenia' railway 4300 employees continue working for the South Caucasus Railway with 20 per cent increase in wages. New management pledged to upgrade infrastructure, investing $ 572 million, $ 220 million out of which within the coming 5 years.