Iran making good progress on Chabahar-Zahedan rail link: Minister

Iran’s minister of transportation says good progress has been made at construction activities for a strategic railway linking the port of Chabahar on the Sea of Oman to the city of Zahedan near the Iranian-Afghan border.

Mohammad Eslami said on Saturday that at least 40 percent of the 580-kilometer railway, mutually financed by Iran and India, had been completed, adding that the project will become operational in three years’ time.

“Currently the progress (made) in the project is deemed appropriate,” Eslami told the Fars news agency, adding that construction had accelerated in the recent past given Iran’s renewed commitments to finishing its part of the mega-project.  

Workers watch a ship as it sails during an inauguration ceremony of new equipment and infrastructure at Shahid Beheshti Port in the Southeastern Iranian coastal city of Chabahar, on the Sea of Oman on February 25, 2019. (AFP photo)

He said the Iranian government had earmarked a line of credit worth 40 trillion rials (over $330 million) for the project which is a key part of Iran’s efforts to spur economic growth in deprived areas southeast of the country.

Once finished, the Chabahar-Zahedan railway, estimated to cost $1.6 billion, will provide a strategic link between the Sea of Oman and the landlocked Afghanistan.

In fact, India, a major current investor at Chabahar, sees the line as a major component of its plans to access markets in Afghanistan and central Asia region.

Indian companies are currently busy on development operations in Chabahar’s Shahid Beheshti area while others are contributing to the railway line connecting the port to the provincial capital Zahedan.

The Khatam ol-Anbia Headquarters, an engineering and construction company linked to Iran’s elite IRGC military forces, is the lead Iranian contractor in the railway project which started in 2014, some five years after it was approved by the Iranian government and parliament.

Source Article from http://www.presstv.ir/Detail/2019/08/13/603442/Iran-minister-railway-Chabahar-Zahedan-India

Related Posts
Map Update: Syrian Army’s Progress In Northwestern Hama, Southern Idlib Click to see the full-size
The Investigative Committee of the Russian Federation, in cooperation with the relevant Central African agencies,
The ongoing seventh round of negotiations between Taliban representatives and US officials in Qatar has made "spectacular progress" on a
At the time I was the only British politician still traveling to sanctions-stricken Iraq and
MNA – Vice President and Head of Plan and Budget Organization Mohammad-Bagher Nobakht said that

Hits: 23

You can leave a response, or trackback from your own site.

Leave a Reply

*

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes