Iran Rail Transit Rises 61%
Economy, Domestic Economy

Iran Rail Transit Rises 61%

About 1.15 million tons of goods have been transited via Iranian railroads since the beginning of the current fiscal year (March 21), registering a 61% upsurge compared with the corresponding period of last year, the director of Islamic Republic of Iran Railways’ Transit Commission said. “The figure is expected to reach 1.6 million by the yearend (March 20, 2018),” Hossein Ashouri was also quoted as saying by Mehr News Agency on Monday. The Sixth Five-Year Development Plan (2017-22) is targeting 5 million tons in annual rail transit. “We are behind schedule. To arrive at this goal, we need to provide the required infrastructure and gain the trust of cargo owners,” he said. Ashouri noted that the current transit capacity in Iran allows for 50 million tons of goods to be transported per year, yet software problems and bureaucratic obstacles prevent the transportation sector from utilizing this capacity. Cargoes transported from southern Iranian ports to Turkey and Central Asia hold the biggest share in Iran’s rail transit. Iran has rail connections with Turkmenistan, Pakistan, Turkey and Iraq.


Short URL : https://goo.gl/2YLDmF
  1. https://goo.gl/WYEFaK
  • https://goo.gl/XvbyqZ
  • https://goo.gl/YcAu9h
  • https://goo.gl/Jx2k3a
  • https://goo.gl/7BbxJG

You can also read ...

Support for  Forex Measures
The head of Competition Council welcomed efforts made by the...
The looming crisis in the emerging markets, set off by the run on the Turkish lira, has had a more direct impact on the Iranian rial than anything the US has claimed.
Since the beginning of the fiscal 2018-19, the Iranian rial...
CBI: Currency Inflow Growing Steadily
Governor of the Central Bank of Iran said on Saturday that...
Yu Chang Hwang (L) and Mohammad Reza Bakhtiari
South Korea’s new ambassador to Iran, Yu Chang Hwang, said...
UK Firm: Progress Made With Iran Airport Contract
UK-based security solutions supplier Westminster Group said it...
Without Waivers, US Sanctions on Iran Will Cripple Iraq
Iraqi officials, struggling to form a new government months...
Uber in Talks to Buy Food-Delivery Company
Uber Technologies Inc. is in early talks to buy food-delivery...
Watermelon Exports  Exceed $100m
Iran exported 569,974 tons of watermelon worth $106.42 million...

Add new comment

Read our comment policy before posting your viewpoints