Bank Of Baku

Azerbaijan’s Transport Minister: “There is no problem in relation to construction of BTK railway line”

Azerbaijan’s Transport Minister: “There is no problem in relation to construction of BTK railway line”
# 20 December 2011 12:08 (UTC +04:00)
Tbilisi. Nizami Mammadzadeh – APA. Construction of railway line on Baku-Tbilisi-Kars project is carried out at a high level, said Azerbaijan’s Minister of Transport Ziya Mammadov, APA’s Georgian bureau reports.

“From viewpoint of finance there is no problem, the works are conducted on the plan. If weather conditions are favorable, we will continue construction works in winter”, said the minister.

To him, BTK railway line will be ready by the end of 2012 – early in 2013: “There is no problem with the Turkish side. There were issues related to relief of some places, but we have solved them too”.

Besides, Azerbaijan allocated $575 mln with annual 5% interest, to Georgia for reconstruction and rehabilitation of existing 160 km-railway line in Marabda-Akhalkalaki area and changing of direction of tunnel to be constructed in the area from Akhalkalaki to the border with Turkey.
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