YEREVAN, December 26. \/ARKA\/. South-Caucasian Railways\u2019 investments in Armenia will total over 1.2 billion Russian rubles in 2009, Shevket Shaidullin, director general of South-Caucasian Railways said at a press conference on Thursday.<\/p>\n
He said that under the 2009 financial program, the company had to invest AMD 1 billion 172 million rubles.<\/p>\n
\u201cHowever, after some corrections made in the program over the year, we invested 1 billion 254 million, of which 1 billion 26 million in infrastructures and 227 million in the rolling stock.\u201d<\/p>\n
Shaidullin said that the company\u2019s 2009 expenses, including uncompleted investments of 2008, total 2 billion 393 million rubles.<\/p>\n
He said expenses for infrastructure totaled 1 billion 338 million rubles in 2009.<\/p>\n
Of them, 825 million was spent for construction, 375 million for acquisition of equipments and 124 million for buildings.<\/p>\n
The director general of South-Caucasian Railways said that expenses for rolling stock amounted to 1 billion 54 million Russian rubles, of which 337 million was spent for repairing electric locomotives and 91 million for purchasing new ones.<\/p>\n
The South-Caucasian Railways CJSC is concession manager of the Armenian Railway Company. South-Caucasian Railway, fully owned by the Russian Railways Company, listed in its fixed assets the rolling stock of the Armenian Railway on June 1, 2008, under a concession contract of February 13, 2008.<\/p>\n
Armenian Railway has been handed over to the South-Caucasian Railways CJSC for 30 years with a right for one-decade prolongation. M.V.-0–<\/p>\n","protected":false},"excerpt":{"rendered":"
South-Caucasian railways\u2019 2009 investments in Armenia exceed1.2 billion Russian rubles<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,15458,12404],"class_list":{"0":"post-5973","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-investments-2","10":"tag-south-caucasian-railways"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/5973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=5973"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/5973\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=5973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=5973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=5973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}