• Domestic Economy

    Rolling Stock Manufacturing Rises by 30%

    A total of 788 units of rolling stock, including passenger and cargo wagons as well as locomotives, were manufactured in Iran in the last fiscal year (March 2020-21), showing a 30% increase compared with the year before, according to the minister of roads and urban development.

    “All the manufactured rolling stock were 100% locally-made. The process will continue in the current year and the years to come, and domestic wagon and locomotive construction firms keep receiving orders from rail transportation companies,” Mohammad Eslami was also quoted as saying by News.mrud.ir.

    Wagon Pars, launched in 1974 in the city of Arak in Markazi Province, is a subsidiary of the Industrial Development and Renovation Organization of Iran and the largest manufacturer of freight, passenger and subway wagons in the Middle East. 

    Iranian Rail Industries Development Company (IRICO) had the capacity to produce 80 railcars and 200 Y25 bogies per year. 

    Founded in 2003, IRICO is an Iranian manufacturer of passenger rolling stock. The company is headquartered in Tehran and has a factory in Zanjan Province’s Abhar County where it designs and manufactures various types of rolling stock such as passenger coaches, metro cars, Diesel Multiple Units, various freight wagons and bogies in accordance with the standards of the International Union of Railways.

    With the aim of reducing road traffic and battling air pollution, the Ministry of Roads and Urban Development has placed the development of Iran’s rail sector on top of its agenda.   

    Iran’s Sixth Five-Year Development Plan (2017-22) has tasked the government with increasing the share of railroad in cargo and passenger transportation from the current 12% and 8% to 30% and 20% respectively by the end of the plan.