July 14, 2020 16:40

IRIR Signs $70m Logistics Deal for Transportation of Essential Goods

The deal involves the procurement of rolling stock and construction of grain terminals for the transportation of essential goods from Imam Khomeini Port and Shahid Rajaee Port to Aprin Logistic Center in southern Tehran

As per a deal signed between the Islamic Republic of Iran Railways and Tidewater Middle-East Company, the latter will be investing 16 trillion rials ($70 million).
The deal involves the procurement of rolling stock and construction of grain terminals for the transportation of essential goods from Imam Khomeini Port in Khuzestan Province and Shahid Rajaee Port in Hormozgan Province to Aprin Logistic Center in southern Tehran.
Deputy Minister of Roads and Urban Development and Head of IRIR Saeed Rasouli and CEO of Tidewater Middle-East Company Hossein Zarei signed the agreement on Monday, Fars News Agency reported.
Tidewater will be providing 600 freight and container wagons for IRIR.

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