EghtesadOnline: Iran and South Korea have signed a memorandum of understanding to improve cooperation among the government, private sector and investors of the two countries in the fields of transportation, housing and urban development.
EghtesadOnline: Considering Iran’s special conditions after it opened its doors to international business, it is vital for the country to make major improvements in its business atmosphere and strategy.
EghtesadOnline: There were high hopes for the Iranian mining industry after the lifting of international nuclear sanctions against Iran. Exploiting massive reserves of copper, iron ore, zinc and lead in an energy-rich country that has just moved out of economic isolation sounds like a recipe for success. But why has the sector’s growth been slower than expected?
EghtesadOnline: Iran's Minister of Roads and Urban Development Abbas Akhundi is in Germany to discuss joint investment in rail and marine transportation.
EghtesadOnline: By focusing on transportation development, Iran is planning to further improve its Logistics Performance Index ranking and continue the progress registered in 2016 when the World Bank listed the country at 96th place among 160 nations.
EghtesadOnline: With only days left to Iran’s presidential elections, the Ukrainian Embassy in Tehran held a gathering of Iranian and Ukrainian officials and businesses this week to discuss bilateral cooperation in heavy industries.
EghtesadOnline: The Ministry of Roads and Urban Development plans to establish a transportation development fund by the end of the incumbent government’s tenure.
EghtesadOnline: As Iran is expanding railroads across the country, an executive of a major Iranian rail company said passenger rail transportation is gripped by a longstanding recession.
EghtesadOnline: Iranian Ambassador to London Hamid Baeedinejad underlined that Iran will soon become a transportation hub given the launching of north-south and east-west corridors.
EghtesadOnline: The budget for Iran’s transport sector will increase 5% in the new Iranian year (March 2017-18) compared with the current year, owing mostly to an upsurge in the budget for the rail sector, a deputy minister of roads and urban development said.