$360m Worth of Rail Projects Ready
Economy, Business And Markets

$360m Worth of Rail Projects Ready

Railroad projects worth 13.9 trillion rials ($360 million) will be inaugurated by Friday on the occasion of the 10-Day Dawn ceremonies, which culminate in the celebration of the 38th anniversary of the victory of the Islamic Revolution of Iran, said Minister of Roads and Urban Development Abbas Akhoundi. “Of the total sum, $189 million pertain to new rail projects. One hundred and ninety-eighty kilometers of new railroads will be connected to five provincial capitals,” he was quoted as saying by Mehr News Agency. “We have double tracked 496 kilometers of railroads with an investment of $142 million.” 

Short URL : https://goo.gl/a976ce
  1. https://goo.gl/hY5wZG
  • https://goo.gl/QNsX02
  • https://goo.gl/3e3peM
  • https://goo.gl/G0WVO9
  • https://goo.gl/6k45ws

You can also read ...

Central Bank of Iran Against Market Intervention
Central Bank of Iran's Governor Abdolnasser Hemmati said the...
New Forex Initiative Unable to Tip Scales
The new forex initiative has only managed to fix major policy...
VDMA Backs Iran Trade
Germany’s plastics and rubber machinery trade association,...
Tehran Shows 4th Biggest Upturn in Economist’s Livability Index
Tehran is one of the top five cities in the world to have...
Equity-Based Sukuk Return to Iran Capital Market
The government is set to clear part of its debt to Social...
Musk Bid for Tesla Still Murky
Tesla Inc’s board named a special committee of three directors...
Over €81m Worth of Airport Equipment Purchased  Post JCPOA
Iran Airports & Air Navigation Company, an arm of the...
S. Korea Bans Recalled BMWs Over Fire Fears
The South Korean government has said it will ban about 20,000...

Add new comment

Read our comment policy before posting your viewpoints