Iran holds talks on fi­nanc­ing rail­way projects

Iran Daily - - Domestic Economy -

Iran is ne­go­ti­at­ing with a num­ber of for­eign com­pa­nies to pro­vide sig­nal­ing sys­tems for rail­way net­work, in­clud­ing high­speed Tehran-tabriz rail­way, said a deputy head of Is­lamic Re­pub­lic of Iran Rail­ways (IRIR).

Nourol­lah Beiran­vand, IRIR’S deputy head for plan­ning and trans­port af­fairs, fur­ther elab­o­rated on Ger­many’s three­bil­lion-euro and Ja­pan’s 10-bil­lion-dol­lar con­tracts with Iran not­ing Ger­many’s €3-bil­lion fi­nance in­cludes a se­ries of pro­posed pack­ages of dif­fer­ent projects, IRNA re­ported.

Ger­man fi­nance, he said will be used for sup­ply­ing diesel and elec­tric lo­co­mo­tives from Siemens as well as pro­vid­ing sig­nal­ing sys­tem and com­mu­ni­ca­tions for high-speed rail­way and build­ing Is­fa­han ex­press line and elec­tric lo­co­mo­tive for Tehran-mash­had rail­way.

He added that the Ger­mans had pro­posed to sup­ply pas­sen­ger wag­ons but IRIR has called for the pro­duc­tion of wag­ons in Iran.

Turn­ing to the Ja­panese $10-bil­lion fi­nance, Beiran­vand said that ne­go­ti­a­tions are un­der­way on pro­vid­ing sig­nal­ing sys­tems for rail­way net­work.

He said that Iran is in­ter­ested in Ja­panese par­tic­i­pa­tion in ex­press rail­way pro­ject and other in­fras­truc­tural projects through­out the coun­try.

Beiran­vand said that the con­tract to elec­trify Garm­sar-inche Boroun rail­way has been fi­nal­ized and the op­er­a­tion will be­gin once an in­ter-bank­ing agree­ment is fi­nal­ized.

IRNA

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