Economy, Domestic Economy

Railway Expansion

Railway ExpansionRailway Expansion

Iran is set to extend its national rail network by 10,000 kilometers, Ali Noorzad, the deputy minister of roads and urban development announced in a meeting with his Armenian counterpart, Arthur Arakelian, on Sunday in Tehran. According to ILNA, during the meeting, which was aimed at negotiating the construction of Iran-Armenia railway, the Iranian official said that Tehran is interested in developing railway networks with its neighboring countries and seeks to expand its national railway network fourfold by 2025, a plan that needs investments of up to $12.5 billion.