Iran's priority - to link own railway to those of Azerbaijan, Iraq, Afghanistan

Business Materials 16 May 2016 12:49

Baku, Azerbaijan, May 16

By Khalid Kazimov - Trend:

The Islamic Republic of Iran Railways is planning to put 9000 kilometers (km) of railways in place, an Iranian official said.

The head of the Islamic Republic of Iran Railways, Mohsen Pourseyyed Aqai, has said that so far, contracts have been discussed for the constructing 5,000 km of railways in the country, IRINN reported.

He said that Iran gives priority to extending railroads to neighboring countries in order to boost transit of goods.

The Islamic Republic of Iran Railways is working on projects to connect Iran's railways to Azerbaijan, Afghanistan and Iraq, he added.

Iran and Azerbaijan are working together to bring North-South corridor into operation. North-South corridor is a project for connecting Europe to India through several countries including Azerbaijan and Iran, lessening shipment time from 40 to 14 days end-to-end.

He further added that the country is planning to transfer oil through Turkmenistan in the future.

Iran with a territory more than 1.6 million square kilometers and bounded by the Caspian Sea in the north and the Persian Gulf in the south plans to play a key role in transit of goods.