Iran, Austria Call for Joint Investment On Expanding Rail Industry
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.