Lavrov says Russia-Iran-Turkey format most effective for settling Syrian crisis (20 December 2016 20:46)
Iran, Russia ink two oil survey agreements (13 December 2016 12:46)
Estonia joining North-South international transport corridor (25 November 2016 20:46)
Date: 2 January 2016 18:22
Baku, Azerbaijan, Jan. 2
By Mehdi Sepahvand - Trend:
Domestic capabilities are going to be used in electrifying the railroad from Garmsar to Incheh Boroun, CEO of Iran’s railways Mohsen Pourseyyed Aghaei said.
He added that Iranian and Russian sides have held a number of meetings to discuss the project, IRIB news agency reported December 30.
The official added that Iran cannot accept to have all the electrification equipment from Russia.
He reiterated that the Russian company which is going to carry out the project has been told to buy equipment from Iran.
Iran usually demands European companies willing to work on projects in the country to provide 30 percent of needed equipment from inside Iran.
The Incheh Rorun railroad will create additional routes linking Kazakhstan, the central regions of Russia and Turkmenistan, Iran, Gulf countries, South and Southeast Asia, and will increase transit freight and passenger traffic, reduce transport costs, save time for travel and boost the economic growth in the regions through which the railway will run.
A trilateral intergovernmental agreement was signed in 2007 between Kazakhstan, Turkmenistan and Iran on the Zhanaozen-Gyzylgaya-Bereket-Etrek -Gorgan railway line with subsequent access to the Russian railway network, which will shorten the route by 600 kilometers.
Stay up to date with latest Iran news on our specialized Facebook page
Follow us on Twitter @TRENDNewsAgency