The Baku-Tbilisi-Kars railway is of strategic importance to Azerbaijan, Georgia and Turkey, Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development Giorgi Kvirikashvili told journalists in Baku.
The 826 kilometer railway will transport one million passengers and 6.5 million tons of freight at the first stage. This capacity will later reach three million passengers and over 15 million tons of freight.
Kvirikashvili noted that the problem regarding the purchase of territories along the route in the implementation of the Baku-Tbilisi-Kars project has already been solved, there are no obstacles for the project.
“The project will be launched in time. Test train will be launched at the end of 2014, in 2015 the project will be completed,” he added.
Azerbaijan has allocated a $775 million loan to the construction of the Georgian section of the railway. The project is being financed by the State Oil Fund of Azerbaijan.