- Iranians holding Ashura mourning for Imam Hussein
- Third step: Iran officially informs EU of plan to expand nuclear R&D
- Iran expands nuclear R&D program: Rouhani
- Iran goes ahead in space tech, despite US sanctions: ISA
- Resistance Front undermining Israeli regime power: Top commander
- Iran: 7 crew members of detained UK ship freed
- US addiction to sanction threaten its power: Iran’s Zarif
- Dutch role in 2007 Stuxnet attack on Iran’s nuclear site under scrutiny: Iraian FM Spox.
- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
- US sanctions failed to force Iran to buckle: Report
- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
- Iran’s resistance policy led to release of oil tanker: MP
- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
- Iranian court hearing case of UK oil tanker
- Over half of Japanese voters oppose joining US-led anti-Iran coalition in Persian Gulf: Poll
- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
- Iran’s annual export of white meat tops 2.5m tons: Minister
- Iranian scientist discovers new state of matter
- Iran, Japan diplomats discuss bilateral ties
- Iran, Ansarullah, European representatives Yemen developments
- ‘Iran to become self-sufficient in producing aircraft engines'
- US issues seizure warrant for Iranian supertanker 'Grace 1'
- Neanderthal tooth unearthed near Iran’s Zagros mountain
- Iran’s Zarif due in Kuwait on Saturday
- US faces humiliating defeat after Gibraltar releases Iranian tanker: Envoy
- Spokesman rejects claim on Iran’s commitment in exchange for tanker release
- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
- Trump’s administration conflicting messages to Iran baffle go-betweens: Report
- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, March 22 - Iran’s rail industry gets a fresh boost from China’s dedication of $845 million to build a train line connecting Tehran to the western cities of Hamadan and Sanandaj.
TEHRAN,Young Journalists Club (YJC) -A Wednesday report said China National Machinery Industry Corp, known as Sinomach, signed a contract worth 5.35 billion yuan with Iran which is on a railway modernization and expansion drive.
Sinomach will handle the engineering, procurement and construction work for the 410 km (255 mile) railway, the company said on its website.
Sanandaj is one of the few remaining provincial capitals in a file in Iran to link with the national railway network.
On Tuesday, President Hassan Rouhani opened a new train line which connected Kermanshah in western Iran with the national railway grid. Officials said the cities of Rasht and Urmia are next to join the network in the coming months, before Ardabil, Sanandaj and Bushehr round up the plan.
China Railway Construction in January said one of its units had won a 3.53 billion yuan contract to build the extension of the Kermanshah railway to Khosravi on the Iraqi border.
Iran plans to become a transport hub in the heart of Eurasia where regional countries have drawn up their own development strategies.
On Sunday, Minister of Roads and Urban Development Abbas Akhundi said Iran needed $50 billion of investment for the modernization and expansion of its railway network in the next 10 years.
China’s flurry of investments in Iran is in line with the Asian giant’s “Belt and Road” initiative, a project aiming to build a modern-day “Silk Road” at a cost of $1 trillion.
Beijing’s biggest transportation project in Iran is worth $1.5 billion to electrify the rail line from Tehran to Mashhad for a length of 926 kilometers. The railway is part of the 3,200-kilometer New Silk Road which goes all the way to Kazakhstan, Kyrgyzstan, Uzbekistan, Turkmenistan and Urumqi in China.
Earlier this month, a Chinese company signed a deal with Iran's Ministry of Roads and Urban Development to build railway between the cities of Shiraz and Bushehr in the country's south with $700 million of investment.
China’s CRRC Nanjing Puzhen Rail Transport later signed a contract with Iran’s IDRO Group to supply 450 metro cars for the Iranian cities of Ahvaz, Tabriz and Shiraz.
Iran’s rail sector has become a magnet for rail engineering and rolling stock firms from all over the world.
A German consortium has pledged $3.5 billion for rail development projects in Iran, including a new signaling system for the Tehran-Tabriz railroad, new electric and diesel wagons, and high-speed connection lines.
Russia’s largest rail equipment manufacturer Transmashholding has signed a 2.5 billion euro deal with Iran to set up a joint venture to produce rolling stock. Russian Railways also signed $1 billion euro deal in 2015 to electrify and put up the signaling apparatus on a section of rail line between Garmsar and Gorgan.
Italy’s state rail company Ferrovie dello Stato has signed a $1.37 billion deal to build a high-speed railway between the Iranian cities of Qom and Arak.
France’s Alstom has signed onto a joint venture to set up a factory to construct 1,000 railroad cars in Iran. In 2015, the French architecture firm AREP committed to a $7 million project that would see them revitalize three Iranian railway stations.
Japan has signed deals with Iran to provide $10 billion in funding for railway related ventures, including two railroads to link together northern and southern Tehran.
Source: Presstv
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