Economy, Domestic Economy
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Cross-Border Rail Transit Up 95%

Cross-Border Rail Transit Up 95%Cross-Border Rail Transit Up 95%

The volume of cross-border cargo transportation via railroads grew 95% in the last Iranian year (March 2015-16) compared to the year before to reach over 1.4 billion tons, according to Mohammad Gharavi, a board member at Islamic Republic of Iran Railways. Sarakhs border-crossing in northeastern North Khorasan Province alone accounted for 84% of the transit, IRNA reported. “Only one-third of Iran’s capacity for international rail cargo transportation is currently being exploited,” Gharavi said. The country is moving to increase the share of railroad in the transportation sector. Presently, roads account for up to 90% of overall transit in Iran.

Financialtribune.com