
Iran TRACECA presidency opportunity for regional transit boom
| 20/April/2025 | 20:40
EghtesadOnline: Jabbar Ali Zakeri, who is the deputy minister of roads, noted that the country’s rail transit volume will reach eight million tons before the termination of the current Iranian calendar year (to end March 20, 2026).
He went on to say that the development of the transit industry will generate foreign exchange for this sector, adding that the volume of transit in the country will reach 40 million tons in the long term upon the completion of the construction operation of the East-West and North-South corridors.
Two major contracts in the field of locomotives will probably be unveiled within the next two months, the deputy minister of roads and urban development added.