Iran’s Qazvin-Rasht railway to be built in 2017 (UPDATE)
Baku, Azerbaijan, Jan. 12
Details added (first version posted on 12:06)
Iran will commission the Qazvin-Rasht railway in 2017, Mohsen Pour Seyed Aghaei, the head of the Iranian railways, said Jan. 12 at the forum titled "North-South international transport route: new directions, development and prospects".
"The construction of the Rasht-Astara railway will begin in 2016 and finish in 2019," he said. "These railways are part of the North-South railway corridor."
"The implementation of the railway project Qazvin-Rasht-Astara requires an investment of $1.5 billion. But this project is a priority for Iranian government and we will ensure the necessary funds," he said. "Development of cargo transportation could give a momentum to global economic recovery."
"Reducing transit routes, cutting costs and providing transportation of goods in a short time can contribute to the world economy. Iran is ready to fulfil its commitments in this area," Aghaei said. "Despite the economic pressures that we are facing because of low oil prices, we have all the opportunities to implement transit projects going through Iran."