Financial Tribune - The 132-km-long Mianeh-Bostanabad railroad, part of a bigger Mianeh-Tabriz rail project connecting East Azarbaijan Province to the national rail network, is scheduled to be inaugurated by President Hassan Rouhani on Nov. 21, the deputy head of the Construction and Development of Transportation Infrastructure Company for railroad ...

Financial Tribune- The government has earmarked 18.5 trillion rials (over $462 million at market exchange rate) to complete a set of ongoing rail projects, the Construction and Development of Transportation Infrastructure Company's board member said. This includes 4.7 trillion rials ($117 million) for land-ownership and procurement of equipment,...

Bloomberg- Germany agreed to provide Iran with a 1.2 billion euro ($1.27 billion) credit line to help finance a rail project , according to an official at the Central Bank of Iran. The facility --through state-run lender KfW IPEX -- will help fund the development of the Tehran to Mashhad railway, the official said, asking not to be identified. German ...

Iran and Pakistan have agreed to resume rail freight transport between the provincial capitals of the two neighbors border regions. The agreement was reached during a trip by the regional director of Irans Rail Transportation Co., Seyyed Mostafa Davoudi to Pakistan. The two sides agreed to recommence rail freight transport between Zahedan,...

Iran, Turkmenistan and Kazakhstan will inaugurate a joint rail project in the coming days, IRNA news agency quoted Iranian Railways Company managing director Abdol-Ali Saheb-Mohammadi as saying. The project which is dubbed the Caspian Sea eastern rail corridor will officially come on stream in the presence of the three countries' presidents, he noted....