Iran, S. Korea discuss transportation cooperation

EghtesadOnline: Iranian Road and Urban Development Minister Abbas Akhundi in a meeting with South Korea's Minister of Land, Infrastructure and Transport Kim Hyun-mee explored development of infrastructural and transportation ties between Tehran and Seoul.

News ID: ۷۸۰۰۲۴

24 October 2017

During their Monday meeting, Akhundi and Hyun-mee discussed possible grounds for Korean firms to invest and cooperate in railway, air and road transportation projects as well as transit, logistics, housing and urban development projects in Iran.

According to IRNA, both sides also stressed on the need for formation of a joint cooperation commission between Tehran Iran and Seoul slated to be held on November 15 in South Korea.

According to Akhundi, the two ministers also discussed development of the Isfahan-Ahvaz railway, purchasing railbus systems and investing in Iranian airports by the South Korean firms.

Meanwhile, Hyun-mee said holding the joint economic commission and its operational committee will accelerate Korean companies' investment in Iran.