Economy, Domestic Economy
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Rail Freight on Growth Path

Rail Freight on Growth PathRail Freight on Growth Path

Rail freight transport is estimated to grow 18% in the current Iranian year (started March 20), as compared to last year, according to the deputy managing director of the Islamic Republic of Iran Railways.

“Last year, despite the economic recession, cargo transport via railroad increased by 2% compared to the previous year to stand at 35.6 million tons,” our sister publication Donya-e-Eqtesad quoted Hossein Ashouri as saying.

Iran is moving to increase the share of railroads in the transportation sector. Currently, roads account for up to 90% of transit in the country.

Financialtribune.com