EghtesadOnline: The finance and construction contract for Gorgan-Bojnord-Mashhad Railroad worth 100 trillion rials ($2.38 billion) was finalized between Iran’s Ghods Razavi Housing and Construction Company and a Chinese company last week.

EghtesadOnline: Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €3 billion ($3.7 billion), the company’s First Deputy CEO Alexander Misharin said on Monday.

EghtesadOnline: The Economy Ministry sold 2 trillion rials ($41.6 million) of Islamic bonds on Iran Fara Bourse on Sunday to finance the establishment of a railroad connecting three major cities.

EghtesadOnline: The Economy Ministry plans to issue 10 trillion rials ($227 million) worth of bonds on Tuesday to finance the electrification of Tehran-Mashhad Railroad.

EghtesadOnline: China signed a contract with Iran to finance the electrification of a 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province with a $1.5 billion loan.