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Tag Archives: Railway

Railway Connecting to Kutaisi Airport to Start Operate from 2018

Getting to Kutaisi International Airport will be available from March 2018 with the new railway line. According to JSC ”Georgian Railway” information. The project is being implemented in a 24-hour regime meeting the deadline. “We think that the project will be completed by the end of March and the train …

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Working Group on BTK to Convene in Georgia

The next meeting of the working group on the Baku-Tbilisi-Kars (BTK) railroad will be held in Georgia on September 27. An Azerbaijani delegation headed by chairman of Azerbaijan Railways Javid Gurbanov has arrived in Tbilisi to participate in the meeting. The heads of railway departments of Azerbaijan and Georgia will …

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Georgia and Azerbaijan to Set up Joint Company

Georgian Railway and Azerbaijan railway company plan to establish a joint company, according to S&P Global Ratings. The joint company will operate in the Georgian section of Baku-Tbilisi-Karsi railroad.  At the same time, the rating company has revised Georgian Railway rating and lowered it to the Outlook of Negative from …

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Azerbaijan to finance half of Iran’s Rasht-Astara railway

Azerbaijan to finance half of Iran’s Rasht-Astara railway

The Islamic Republic of Iran Railways (RAI) has said that Azerbaijan will provide Iran with 500 million euros worth of loan for completing the Rasht-Astara railway segment as part of the International North-South Transportation Corridor. “Keeping in mind the mutual benefits of the Rasht-Astara railway for the two countries, the …

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BTK Railway to be Ready in September – Minister

BTK Railway to be Ready in September - Minister

Construction of the Baku-Tbilisi-Kars railway will be completed in September, Ahmet Arslan, the minister of Transport, Maritime and Communications of Turkey, said in an interview with TRT Haber TV channel. According to the minister, the work is underway to complete the project on the territory of Georgia. Arslan said that, …

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Azerbaijan Issues $632M for Construction of BTK’s Georgian Section

Azerbaijan’s state oil fund allocated $631.79 million as of July 1, 2017 for financing construction of the Baku-Tbilisi-Kars railway (BTK) project. Under the agreement signed between Azerbaijan and Georgia, the funds were transferred through the International Bank of Azerbaijan to the Marabda-Kartsakhi Railway, which was created for the design, construction, …

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Details of Turkey-Azerbaijan logistics Project

Details of Turkey-Azerbaijan logistics Project

The logistics center that is being built in Kars as part of the Baku-Tbilisi-Kars (BTK) railway project will be commissioned in October 2018, Turkey’s Ministry of Transport, Maritime and Communications told Trend Aug. 7. The project’s cost is estimated at about 94.3 million Turkish liras. According to the ministry, a …

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Rail Shipments Move to Electronic Format in Georgia

Rail shipments will be organized in electronic format and this is an unprecedented project in the region. Georgian Railway has already introduced a joint electronic system cargo.railway.ge, where shipment documents and signature will be carried out in electronic format through authorization and ID cards. The system enables authorized users to …

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