Azerbaijan, Baku, Feb.8 / Trend T. Jafarov /
Today, a meeting of the heads of the railway departments of Iran, Azerbaijan and Russia will be held in the Iranian Presidential Apparatus with the participation of Iranian Deputy Vice President for Economic Affairs Ali Agamohammadi. It is expected that the sides will sign an agreement to create a joint company within the railway project North-South.
As head of Iranian Railways Department Abdulali Sahib Mohammadi said yesterday at a meeting with his Russian counterpart, Iran has adopted laws to develop rail freight and simplify investments in this sphere, the Iranian Railways Department reported.
According to Mohammadi, in terms of prospective development, great attention is paid to foreign investments and participation in private sector projects.
According to him, in accordance with the plan, it is planned to increase the length of the state railways 2.5 times to 25,000 kilometers. The Iranian side is ready to cooperate with Russian Railways in this sphere.
The Rasht-Astara-Astara Railway project was discussed with his Russian counterpart, Mohammadi said.
"In the sphere of cooperation with Russia, it is planned to reconstruct railways, moving to double-track railways, the electrification of the Tabriz-Azershehr railroad branch and the modernization of Iranian railways," he said.
According to head of Russian Railways Vladimir Yakunin, today Russia cooperates with Iran in the electrification of railway branches. However, if the Iranian side is interested, then Russia is ready to expand cooperation and invest in this sphere.
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