EghtesadOnline: Dilapidated trucks of over 50 years will be prohibited from plying on Iranian roads as of the beginning of the next fiscal year (March 21), the chairman of the Islamic Republic of Iran Road Maintenance and Transportation Organization announced.

EghtesadOnline: The results of a study by Majlis Research Center show out of six subcategories of transportation, “road transport” has the highest direct job creation coefficient among 35 economic sectors.

EghtesadOnline: Accidents on Iran’s roads cause thousands of deaths and injuries every year, and cost the country’s economy billions of dollars.

EghtesadOnline: Road transit has seen a 35% drop in volume so far in the current Iranian year (started March 20, 2016) compared with the corresponding figure of last year, says secretary of International Transportation Companies Association of Iran.

EghtesadOnline: Cheap fuel prices in Iran, costing less than 10% of the global average, are the main reason for the popularity of road transportation, which is responsible for the excessively high number of road accidents and casualties, as well as rising air pollution, the minister of roads and urban development said.

EghtesadOnline: Around 50,000 people lost their lives in road accidents over the last three years in the country.

EghtesadOnline: Iran is planning to lay 9,134 kilometers of railroads, a deputy minister of roads and urban development said.