PHOTO
Image used for illustrative purpose. A worker stands on the special train 'Helvetia' in the NEAT Gotthard Base tunnel near Erstfeld May 7, 2012. The train, which is 481 metres (1578 ft) long and weighs 787 tons, is constructed to produce concrete for the installation of the railway tracks in the tunnel. Crossing the Alps, the world's longest train tunnel should become operational at the end of 2016. The project consists of two parallel single track tunnels, each of a length of 57 km (35 miles ) REUTERS/Arnd Wiegmann
The state-owned Iraqi Republic Railways (IRR) would be the implementing agency for the Baghdad Elevated Train (BET), the transport ministry's media director told Zawya Projects.
Faleh Hadi quoted the Minister of Transport, Nasser Hussain Bandar Al-Shibli, who made the announcement, as saying that IRR has the engineering and technical capabilities to oversee the project's implementation.
BET's project office at the IRR headquarters was inaugurated by the minister.
Hadi said initial cost estimates for the project, which would be executed by France's Alstom and South Korea's Hyundai Engineering & Construction, is about $2.5 billion.
(Reporting by Majda Muhsen; Editing by Anoop Menon)
(anoop.menon@refinitiv.com)
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