Tag Archives | Mianeh-Bostanabad railway

Iranian Govt Earmarks $462m for Rail Expansion

By John Lee. Financial Tribune reports that the Iranian government has earmarked 18.5 trillion rials ($462 million) to complete a set of ongoing rail projects. Jabbar Ali Zakeri, a board member of the Construction and Development of Transportation Infrastructure Company (CDTIC), was quoted by IRNA as saying: “This includes 4.7 trillion rials ($117 million) for […]