EghtesadOnline: Close to 1.6 million tons of goods were transited through Iran’s railroads in the last Iranian year (March 2017-18), indicating a more than 50% rise compared with the year before, a deputy minister of roads and urban development said.
EghtesadOnline: Around 24.45 million passengers were transported by Iran’s railroads in the last Iranian year (March 2017-18), showing a 6.3% rise compared with the previous year, the deputy for passenger affairs with the Islamic Republic of Iran Railways said.
EghtesadOnline: About 1.15 million tons of goods have been transited via Iranian railroads since the beginning of the current fiscal year (March 21), registering a 61% upsurge compared with the corresponding period of last year, the director of Islamic Republic of Iran Railways’ Transit Commission said.
EghtesadOnline: Cheap fuel prices in Iran, costing less than 10% of the global average, are the main reason for the popularity of road transportation, which is responsible for the excessively high number of road accidents and casualties, as well as rising air pollution, the minister of roads and urban development said.
EghtesadOnline: Financing railroad projects through public-private partnership, foreign direct investment and leasing are among methods to set up ventures with foreign investors, a senior official with the Islamic Republic of Iran Railways said.
EghtesadOnline: When Iran’s Ministry of Roads and Urban Development said last year the country's ever-increasing railroads will work below capacity if more railcars are not imported, the domestic railcar makers felt threatened.
EghtesadOnline: The World Bank has agreed to finance the project of electrifying the northern division of Iran railroad by granting a 1-billon-euro loan to the country, said an Iranian railroad official.
EghtesadOnline: Railroads hold a 10.2% share in Iran’s cargo transit, the deputy head of Islamic Republic of Iran Railways said.
EghtesadOnline: More than 405,000 tons of cargo were transited via Iranian railroads during the first four months of the current fiscal year (March 21-July 22), indicating a 44% rise compared with the similar period of previous year, Ebrahim Mohammadi, an official with the Islamic Republic of Iran Railways, said.
EghtesadOnline: Minister of Roads and Urban Development Abbas Akhoundi said the government needs $4 billion to complete an under-construction railroad project in the southeastern Sistan-Baluchestan Province.