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TEHRAN (Tasnim) – Iranian Minister of Roads and Urban Development Mohammad Eslami said his ministry plans to add some 1500 kilometers of railroad to the country’s rail network by the end of the current administration’s term in office. Speaking at a ceremony to launch a new subway station in Hashtgerd in the northern province of […]
Speaking at a ceremony to launch a new subway station in Hashtgerd in the northern province of Alborz on Tuesday, Eslami highlighted his ministry’s plans to improve the country’s railroad network.
By the end of the current administration, 1500 kilometers of railroad will be added to the network, the minister stated.
In recent years, the Iranian administration has ramped up efforts to boost the country’s railroad industry.
In November, Iran inaugurated a new railroad connecting the northwestern cities of Mianeh and Bostan Abad, which shortens the International North-South Transport Corridor (INSTC).
The agreement on the INSTC project was signed in 2012. Among the signatories and acceding countries are Russia, Iran, India, Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Ukraine, Belarus, Oman and Syria. Bulgaria has an observer status in the project.
The INSTC project envisages the construction of transport and infrastructure facilities along the shipping route through India, Iran, Azerbaijan, Russia and North Europe.
The project is aimed at reducing the costs and the time of railroad and maritime deliveries between the countries located along the route.
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Iran exported more than 210,000 tons of fishery products worth $650 million to 67 different countries in the previous Iranian calendar year (ended on March 19), according to the head of Iran’s Fishery Organization (IFO).
An official at the agricultural organization of Mazandaran province said that 125,700 tons of the kiwi and citrus fruits have been exported from this northern province of Iran since the current Iranian calendar year started (March 20, 2024).
The head of Iran’s Trade Promotion Organization (TPO) said the country has established a SWIFT-like financial system to do business with several countries in national currencies.
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