Economy, Domestic Economy
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Iraq Railway Project

Iraq Railway Project
Iraq Railway Project

Roads and Urban Development Minister Abbas Akhoundi arrived in Iraq on Monday to attend the long-awaited official implementation by the Iraqi government of the 35 km remaining part of a railway project that links the Iranian southern city of Khorramshahr with Basra Province in southern Iraq, ISNA reported. “The project, which aims to facilitate the transfer of Iranian pilgrims to Iraq’s holy cities, will come into operation by November,” Manoushehr Rahmani, a senior official at the ministry of roads and urban development, was quoted as saying.  The railway is 47 kilometers long, of which Iran has already constructed 12 km from Khorramshahr to the border between Iran and Iraq. This leaves Iraq with the construction of 35 kilometers of the track. The Iraqi government has allocated about 1,100 billion rials ($39.2 million at the official exchange rate) to the project, Rahmani added.  Iran’s railway system is linked to railways of Central Asia, China and Russia and upon the completion of the 35-kilometer Shalamcheh-Basra railway, Iraq will be able to transfer goods and passengers to Russia and China and vice versa.

Financialtribune.com