Iran to import used train cars from Europe: Official

TEHRAN (Tasnim) – Iran’s Raja Rail Transportation Company plans to import second-hand train cars from Europe to renovate its aging fleet, the company’s managing director said.

Speaking to the Tasnim News Agency, Hassan Mousavinejad unveiled plans for the import of second-hand cars that are between 15 and 20 years old.

Those cars will replace some 300 ones that are more than 45 years old, he added, noting that the unusable carriages will be phased out by the end of the current Iranian year (March 2017).

Mousavinejad described the import of used cars as a short-term solution when investment in the purchase of brand-new products is on agenda.

Iran has devised extensive plans to renovate its civil aviation and railroad fleet with an eye to the termination of sanctions under the Joint Comprehensive Plan of Action (JCPOA), a lasting nuclear deal with the Group 5+1 (Russia, China, the US, Britain, France and Germany).

Since the accord came into force in January, Tehran has entered negotiations with France, Italy, China, India and Germany to renovate its railroad industry.

Back in February, Russia’s Kommersant newspaper reported that Russian manufacturer Uralvagonzavod will export 5,000 freight wagons to Iran before the end of 2016.

Russia’s state development bank Vnesheconombank (VEB) will give a $140-million loan to Uralvagonzavod for exporting the cars to Iran, the paper added.

By Tasnim News Agency