...

Iran reveals volume of funds to be allocated for Chabahar-Zahedan-Mashhad railway

Business Materials 20 January 2019 11:03 (UTC +04:00)

Tehran, Iran,Jan.20

Trend:

Iran has allocated $47.6 million to complete the Chabahar-Zahedan-Mashhad railroad project that would develop the transportation network, said Alim Yarmohammadi, member of parliament from Zahedan, Sistan and Baluchistan Province, Trend reports citing IRNA.

"A total of $47.6 million has been allocated for completion of the Chabahar-Zahedan-Mashhad railroad and construction of highway on this route to facilitate the development of transit in the Chabahar region," he said.

Yarmohammadi noted that the inauguration of first phase of Shahid Beheshti Port at Chabahar requires specific attention to development of infrastructure.

"The current roads in Sistan and Baluchistan Province do not have good condition for truck transportation and the construction of highways on the Shahid Beheshti Port route would improve the transit," he said.

The Chabahar-Zahedan-Mashhad railway will connect three provinces of Sistan-Baluchestan, South Khorasan and Khorasan Razavi.

"The government would cooperate in making investments at various sectors of Sistan and Baluchistan Province. The parliament has succeeded to attract investment and financial resources to develop Chabahar transit route and hopefully, the public and private sector partnership will allow to develop the port project," he said.

The MP noted that the province has the investment opportunity in tourism, agriculture, mine, industry and fishery sectors.

The railroad is to have an important role in connecting Chabahar port to the International North–South Transport Corridor (INSTC) that would connect Central Asia to Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road.

Tags:
Latest

Latest