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€300m Will Be Allocated to Chabahar-Zahedan Railroad From NDFI

€300m Will Be Allocated to Chabahar-Zahedan Railroad From NDFI €300m Will Be Allocated to Chabahar-Zahedan Railroad From NDFI

The Cabinet has decided to allocate €300 million needed to complete the railroad project connecting the southeastern port city of Chabahar to the eastern city of Zahedan near the border with Afghanistan and Pakistan, both in Sistan-Baluchestan Province, from the National Development Fund of Iran, the country’s sovereign wealth fund.
The decision came after Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei announced his authorization.
The 610-kilometer railroad project from Chabahar to Zahedan got off the ground in the fiscal 2010-11, only to come to a halt for three years due to a lack of resources. The execution of the project resumed in the year ending March 2015, after a change of contractor. 

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