Plans to Expand Rail, Road Networks
Economy, Business And Markets

Plans to Expand Rail, Road Networks

Plans are underway to construct 2,500 kilometers of highway and 770 kilometers of railroad across the country by the end of the current Iranian year (March 20, 2017), Deputy Roads and Urban Development Minister Amir Amini said.
Tehran recently signed a $4 billion deal with Italy’s highway agency ANAS for the construction and management of a 1,200-kilometer mega highway linking the Persian Gulf port of Bandar Imam Khomeini to Bazargan on Iran’s border with Turkey, ISNA reported.
Iran’s ambition to become a transportation hub in the region has gained momentum after the removal of western sanctions over its nuclear program and the country’s economic and diplomatic reconnection with the international community.

Short URL : http://goo.gl/ro6ZZp
  1. http://goo.gl/SMFpJM
  • http://goo.gl/WGbgJw
  • http://goo.gl/sTG4Ke
  • http://goo.gl/pTAUBG
  • http://goo.gl/AsLsrZ

You can also read ...

Audi Names New Leader After CEO Arrested
Audi has tapped its top sales executive to lead the company...
Islamic Bonds Worth $25m Issued for  Locomotive Manufacturing
Some 1.05 trillion rials ($25 million) worth of Islamic bonds...
Tehran Stock Exchange Benchmark Gains 13 Percent in Q1 - Report
Iran's financial markets had no shortage of drama in the first...
Structural Reforms in Banks  to Help Ensure Fiscal Stability
The second and final day of the Conference on Monetary and...
Big Benefits of a German ‘Iran Bank’
Since US President Donald Trump pulled out of the nuclear...
Land Under Wheat Cultivation Down 1.5%
Farmlands under wheat cultivation in Iran have decreased by 1....
Tehran to Host Int’l Stone Expo in July
The 10th International Iran Stone Exhibition, also known as ‘...
Hyundai Elantra
After local media reported that the South Korean carmaker...