Photos: Iran, China ink contract to electrify Tehran-Mashhad railway

IRNA | Mojtaba Mohammadlou: A contract was inked today between Iran and China to supply necessary finance to the Tehran-Mashhad railway electrification project. The 1.5-billion-dollar financing contract for Tehran-Mashhad railroad was inked at presence of vice president of China Exim Bank (Export-Import Banks of China), Ambassador of China to Tehran Pang Sen, Deputy Iranian Minister for International Affairs at the Ministry of Road and Urban Development Asghar Fakhrieh Kashani, Head of the Islamic Republic of Iran Railways Saeed Mohammadzadeh, Deputy Governor of the Central Bank of Iran (CBI) for Foreign Exchange Affairs Gholamali Kamyab as well as Ali-Ashraf Afkhami, Chairman of Board of Directors and Managing Director of Bank of Industry and Mine as the guaranteeing body of the deal.