Considering corrections and adjustments introduced within this year, South Caucasian Railways investments totaled 1.2 billion rubles in 2009, SCR Director General Shevket Shaydullin said.
“According to 2009 financial program, investments’ volume was planned at 1 billion 172 million rubles level. Yet, after correction and adjustments introduced, total investments comprised 1 billion 254 million rubles, with 1 billion 26 million rubles allocated to infrastructure and 227 million rubles to rolling stock,” he told the news conference in Yerevan.
“By the year 2010, the company will completely meet concessionary agreement -stipulated liabilities,” SCR Director General concluded.
