Over the last 9 months of 2010, South Caucasus Railways (SCR) financing of investment programs comprised AMD 7 billion, including AMD 1,7 billion allocated to modernisation of railroad infrastructure.AMD 15,8 billion worth investments are envisaged in 2011, SCR Director General Shevket Shaydullin stated.
“12% and 58% increase in transportation volume and passenger turnover was reported in 2010 compared to 2009 results,” SCR Director General told a news conference in Yerevan.
