The Baku-Tbilisi-Kars railway is constructed on the basis of Georgian-Azerbaijani-Turkish intergovernmental agreement.
The reconstruction project Marabda-Akhalkalaki includes work in three phases: section -Marabda Tetritskaro – 29.2 kilometer, section of Tetritskaro-Tsalka – 49.7 kilometers, Tsalka, Akhalkalaki– 74.1 kilometers.
Azerbaijan has allocated a soft loan worth $ 775 million for Georgia to construct and reconstruct the Georgian section of the Baku-Tbilisi-Kars railway. Funding of the project by SOFAZ is carried out in accordance with the Decree of the President of Azerbaijan On the implementation of the project activities of the Baku-Tbilisi-Kars.
Peak capacity of the corridor will be 17 million tons of cargo. This figure will be at the level of one million passengers and 6.5 million tons of cargo at the initial stage.
The State Oil Fund of Azerbaijan (SOFAZ) invested $326.9 million from the beginning of funding of new Baku-Tbilisi-Kars railway to July 1, 2012
