Iran, Russia, Azerbaijan Discuss North-South Railway.
The$400-million North-South transport corridor envisages creation of a single railway from Europe through Russia, Azerbaijan and Iran to India and South-East Asia. Most of the work will be done in Iran, which has no rail link to the border with Azerbaijan. Certain work worth $35-40 million is planned to be conducted in Azerbaijan.
The scope of work in Azerbaijan envisages the construction of a 8.5km-long railway to the Astara station with systems of changing of wheel pairs, a bridge and border and customs infrastructure. This project will be implemented on a parity basis with Iran.
Transportation of goods along the North-South corridor is predicted at five million tons per year in the first phase, and it is planned to increase the volume to 10-15 million tons per year in the future.
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