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Domestic Economy

Kerman Railroad Project Launched

Iran has recently launched the construction of a railroad in Kerman Province. 

The project will link the two cities of Bam and Jiroft, both located in the same province.

Work is underway at Section-1 of the route, which is 26.7 kilometers long, at a cost of 448 billion rials ($3.5 million).

According to Minister of Roads and Urban Development Mohammad Eslami, the project will help connect the port city of Jask in the southern Hormozgan Province to the International North-South Transit corridor, the news portal of the Ministry of Roads and Urban Development reported. 

“With the inauguration of an oil terminal and the country’s largest industrial park in Jask, the city will become an important economic spot along INSTC. The rail route connecting Jask to the national railroad system will pass through Jiroft,” he said.

Eslami noted that 4-5 million tons of agricultural products are produced in Jiroft every year, which necessitate the connection of the city to processing industries, adding that the Bam-Jiroft Railroad project will help bring about economic progress in the region. 

INSTC is a major transit route designed to facilitate the transportation of goods from Mumbai in India to Helsinki in Finland, using Iranian ports and railroads, which the Islamic Republic plans to connect to those of Azerbaijan and Russia. 

The corridor will connect Iran with Russia’s Baltic ports and give Russia rail connectivity to both the Persian Gulf and the Indian rail network. This means goods could be carried from Mumbai to the Iranian port of Bandar Abbas and further to Baku. They could then go across the Russian border into Astrakhan and further on to Moscow and St. Petersburg, before entering Europe.