Iran launches €2.4b high-speed rail project
Iranian President Hassan Rouhani officially launched the project during a visit to the city of Qom, which is located between Tehran and Isfahan./ The railway is projected to be built over the course of four years at a cost of €2.4 billion. Trains running on the Tehran-Isfahan railway can reach speeds of about 350 kilometers per hour./ Iran’s Bank of Industry and Mine will provide $1.8 billion of the total finance through China Export and Credit Insurance Corporation (SINOSURE). China Railway Engineering Corporation (CREC) will implement the ...
Click
To Read Full Article