Dubai firm plots $3bn Armenia rail, road plans

Bob

This project does not make any sense not only financially, but also in demographic point of view. This is a country with a negative natural growth. So put your money where your mouth is. Good luck.

Saudi Engineer

I wonder what the Kardashians think of this?

Als

Roughly USD 10 Million/km. And what projects do you think of not having cost of maintenance? Telco must have such projects!

Telcoguy

Multiply the $10M (optimistic estimate) by the number of kilometers
High speed trains are expensive, only make sense for a certain level of population density, and can not compete with air traffic for distances over 500-1000 ams

And I am not considering the GDP per capita of most of the regions you will cross

Now go and get the financing for that, I will have some popcorn while waiting

@Saudi Engineer, if they get a cut of the budget I guess they will be happy :)

procan

The proud Armenian people a brutally poor many have emigrated to Canada over the years they are good fit here with there strong work ethic .But to the point who will pay back all these monies as it shall not be Armenia they have nothing to give, God bless them.

marek

Good idea ,these new countries(although Armenia is very old country ) very good place to invest in business prospective. not much competitiveness so its a grate place to make money .

Als

An eventual high speed train linking the Gulf to the Black sea would be beneficial to the region.

Telcoguy

I forgot to add the $150,000 per km per year for maintenance

Telcoguy

At US$ 20-25 million per kilometer, yes it would be very beneficial, but not for the region

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