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Iran’s Khatam-ol-Anbia finishes Gorgan-Inche Borun rail project in less than a year

Business Materials 15 December 2014 16:42 (UTC +04:00)

Tehran, Iran, Dec. 15

By Milad Fashtami - Trend:

Iran's Khatam-ol-Anbia headquarters carried out the Gorgan-Inche Borun railway project in less than one year and Khatam-ol-Anbia headquarters head, Ebadollah Abdollaian, said that this can be considered as a record, Iran's Mehr News Agency reported Dec. 15.

"Khatam-ol-Anbia headquarters has so far carried out over 2,000 national or provincial projects across the country," he said.

"We have constructed 3,700 kilometers of roads and rail projects in the country," Abdollahian explained.

According to the official, Khatam-ol-Anbia headquarters have created over 135,000 job opportunities.

Deputy Director of Iran's Construction & Development of Infrastructures Transportation Company (CDITC) Seyed Masoud Nasr Azadani said Nov. 24 that some 1.3 trillion rials (some $40.6 based on the exchange rate of US dollar at the free market) were invested in Gorgan-Inche Borun railway project.

"The railroad aims at transferring 14 million metric tons of goods annually," he explained.

Deputy Manager of Islamic Republic of Iran Railways (IRIR) Hossein Ashouri said on Mar. 8 that Iran's railway will be connected to Turkmenistan, Kazakhstan, Uzbekistan, and Tajikistan in near future.

Iran-Turkmenistan-Kazakhstan railway is a part of the North-South international transport corridor.

The railway could triple annual trade between Iran and Kazakhstan to $3 billion.

Kazakhstan Ambassador to Tehran Baghdad Amiriyev said the railway is projected to be inaugurated by Dec.6, Iran's IRIB reported Nov.24.

In 2007, Iran, Kazakhstan and Turkmenistan signed an agreement to construct the North-South Transnational Corridor.

The route will link Uzen in Kazakhstan with Gyzylgaya-Bereket-Etrek in Turkmenistan and end at Gorgan in the Iranian province of Golestan. Then it will be connected to Iran's national rail network, making its way to the Gulf ports.

Khatam-ol Anbia Construction Headquarters is affiliated with the Islamic Republic of Iran Guard Corps (IRGC).

Khatam-ol-Anbia is a giant company firm with 25,000 employees. It controls over 812 registered companies inside and outside Iran. Some 10 per cent of the company's employees are IRGC members and the rest are contractors. The company is connected to Iran 's oil and gas industry.

On April 25, 2009, a consortium controlled by Khatam-ol-Anbia purchased a 51.18 per cent controlling stake in Iran's naval-industrial giant South Pars. In May 2010, the Iranian government granted Khatam-ol-Anbia with the rights to develop phases 13, 14, 22, 23 and 24 of South Pars. On April 30, 2011, Iran's Oil Ministry granted two no-tender contracts to the company for the development of the Halgan and Sefid Baghoon gas fields in South Pars.

Edited by CN

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