YEREVAN, MAY 29, ARMENPRESS. Prime Minister of Armenia Karen Karapetyan received First Vice-President of “Russian Railways” OJSC Alexander Misharin and “South Caucasus Railway” CJSC Director General Sergey Valko, “Armenpress” was informed from the press service of the Government of Armenia.

The interlocutors touched upon the activities of the “South Caucasus Railway”, the results of 2016 and the upcoming projects. Alexander Misharin noted that all the obligations, including those of investment projects, assumed in the sidelines of the trust management contract have been implemented. 4% rise in passenger and 3% rise in freight transportations have been recorded. It was also mentioned that the new development program of the “South Caucasus Railway” is currently being developed.

Prime Minister Karapetyan noted that Armenia is interested in the development of the “South Caucasus Railway”, adding that improvement of infrastructures will promote both freight and passenger transpirations, considering also the continuous increase of tourists.