March 07, 2018 19:31

China Steps Up Rail Cooperation With Iran

Business & Markets Desk

The Industrial Development and Renovation Organization of Iran and Chinese firm CRRC Nanjing Puzhen signed a contracts for design, procurement, supply, manufacture and delivery of 450 subway wagons for the Iranian cities of Ahvaz, Shiraz and Tabriz on Wednesday.

The Iranian government has placed expansion of Iran’s rail network on top of its agenda to facilitate transportation, preserve hydrocarbon fuels and reduce air pollution

In line with its ambitious railroad expansion plans stipulated in Iran's Sixth Five-Year Development Plan (2017-22), the Iranian government is strengthening its cooperation with China.
Two rail-related contracts were signed in Tehran on Wednesday between the companies of the two countries.

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Iran-China Relations