Iran’s private sector to invest $4 billion in rail project
Azerbaijan, Baku, Dec. 18 / Trend F.Milad/
An Iranian private sector entity will invest up to 40 trillion rials (some $4 billion) in the Tehran-Mashhad express train project, the roads and urban development minister said.
Speaking to the Fars news agency, Ali Nikzad added that the project would enable trains to raise speed to 200 kilometers per hour. He said that the project will be signed within two years.