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Georgian section of Baku-Tbilisi-Kars Rail Link to be ready in 2011

16 September 2008 16:30 (UTC +04:00)

Baku. Rashad Suleymanov â€“ APA-Economics. Azerinshaatservis, the project contractor, will complete construction works in Georgian part of Baku-Tbilisi-Kars Railway Project in 2011 as scheduled.
Savash Yenituran, project manager of the company, said 30% of land works has been completed.
â€œMaterials and supplies will be delivered to the Site after the draft is approved. The project design is being developed by Aksa firm. Works was suspended after hostilities in Georgia from August 11 to September 8,â€ he added.
The three countries agreed in February 2007 to build a rail line linking the Azerbaijani capital Baku, the Georgian capital Tbilisi and the Turkish city of Kars. Construction work commenced on November 21, 2007.
As per the agreement, Azerbaijan undertook to extend a $200mln loan to Georgiaâ€™s Marabda-Kartsakhi Railroad LLC for 25 years at 1% interest rate annually. The loan will be spent on construction of a 29km long railroad in Georgia, a ST-2 wheel base in Turkish-Georgian border and rehabilitation of old railway.
The project costs more than $600 million. Construction of railroads is slated for operation in late 2011.
A 76km long railway will be laid in Turkey as part of Baku-Tbilisi-Kars Rail Link.