Iran, Aus­tria Call for Joint In­vest­ment On Ex­pand­ing Rail In­dus­try

Iran News - - FRONT PAGE -

TEHRAN – A 10-man Aus­trian rail in­dus­try del­e­ga­tion led by Aus­trian Com­merce At­tache to Tehran Christoph Grap­meyer met deputy head of Tehran’s Cham­ber of Com­merce yes­ter­day and ex­plored ways for ex­pand­ing co­op­er­a­tion in the rail in­dus­try sec­tor.

Dur­ing the meet­ing, both sides un­der­lined ex­pand­ing bi­lat­eral co­op­er­a­tion on the rail trans­port sec­tor.

They also ex­plored all rail trans­port ca­pac­i­ties in Iran and the Aus­trian gov­ern­ment sup­port­ive pack­age for in­vest­ment of Aus­trian com­pa­nies in Iran.

Dur­ing the meet­ing, Grap­meyer pointed to the ca­pa­bil­i­ties of Aus­tria in rail in­dus­try and its ser­vices that Aus­trian com­pa­nies can present.

He added that Aus­trian com­pa­nies, backed by Aus­trian Gov­ern­ment, are ready to help Iran to de­velop its rail­way in­dus­try.

Deputy Head of Tehran’s Cham­ber Mr. Mo­ham­mad Reza Bakhtiari, for his part, pointed to the his­toric re­la­tions of Iran and Aus­tria, adding that Aus­trian del­e­ga­tions were the first ones who ar­rived in Iran af­ter the nu­clear deal, the JCPOA, and they were the first who ex­pressed their in­ter­est for boost­ing eco­nomic co­op­er­a­tion with Iran.

He pointed to some fields that both coun­tries can co­op­er­ate to­gether, adding that the cham­ber is ready to help Aus­trian com­pa­nies to find their trade part­ners in Iran.

Mean­while, Mr. Ma­jid Babaee Ebrahim Abadi who is the spokesman of rail­way trans­porta­tion union said that the in­fra­struc­tures of Iran’s rail trans­porta­tion are in the gov­ern­ment con­trol but trans­porta­tion op­er­a­tions are under the con­trol of the pri­vate sec­tor com­pa­nies.

He pointed to Iran’s po­ten­tial in man­u­fac­tur­ing wag­ons in the coun­try and called Aus­trian com­pa­nies to co­op­er­ate with Ira­nian coun­ter­parts and to in­volve in joint ven­ture for man­u­fac­tur­ing of wag­ons.

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