Iran signs deal with China to link port to rail network

Tehran – Agence France Presse reported that China will build a train line connecting the Iranian port of Bushehr to the rest of the country’s railway network under a USD 700 million deal signed. The agreement was inked in Tehran in the presence of Iranian Transport Minister Mr Abbas Akhoundi and officials from China Machinery Industry Construction Group. It will see the group build a 400-kilometer railway between the Gulf port and the southern city of Shiraz, IRNA state news agency cited officials as saying, without specifying when construction would get underway.

This would complete the “North-South Railway Corridor” in line with Iran’s goal of becoming a transport hub for goods between the Gulf, the Indian subcontinent, Russia and Central Asia.

Products arriving at Bushehr, Iran’s second-biggest port after Bandar Abbas, also on the Gulf, currently have to be transported by road. According to IRNA, the Bushehr-Shiraz rail project is one of seven the government is working on totaling 2,300 kilometers in tracks.

"Monitoring Desk"

RELATED POSTS

247
OPEC daily basket price stood at US$72.79
WeBOC system is a requirement of China-Pakistan Economic Corridor: Pakistan Customs
Pakistan seals $5 billion deal to buy eight Chinese attack submarines
Chinese envoy proposes trilateral China-Pakistan-India summit
ADM, Musanada complete phase 4 of infrastructure & internal roads project in Al Falah
India’s muscular China-Pakistan policy is the way to go, but prepare for turbulence
Malaysia reviews China infrastructure plans
World Bank approves debt for 400 MW of solar in Pakistan
China working with Iran despite US pressures: Chinese analyst
India should seriously consider limited war with Pakistan: BJP leader
EU takes China to WTO over technology transfer
Ghani discusses TTP leader’s death with Pakistan
Yunnan Academy of Social Sciences (YASS) to establish Pakistan Research Centre
Pak development assistance to Afghanistan reaches $1bn mark : envoy
Investors plan push into infrastructure despite falling valuations

FOLLOW US


About Corridor.pk

Corridor.pk is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 

     

Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us