The transport ministry of Armenia has gone one step ahead in the negotiations with investors for construction of the Iran-Armenia railway. This was announced by the Minister of Transport, Communication and Information Technologies, Vahan Martirosyan, NEWS.am reports.
In recent times, the ministry again held talks with the Dubai-based Rassiya FZE company. The minister, however, did not provide any details of these negotiations.
Rassiya FZE had signed a memorandum with the ministry back in 2013. Construction cost of the new route section of this railway project is estimated at $3.2 billion.