RZD Holding and Islamic Republic of Iran Railways agree to conditions for electrifying the Garmsar - Ince Burun rail stretch
The President of Russian Railways Oleg Belozerov visited Tehran to attend the XIII session of the Permanent Russian-Iranian Commission on Trade and Economic Cooperation.
A supplement to the contractual agreement for the electrification project of the Garmsar — Ince Burun stretch was signed on the session’s sidelines on 13 December 2016.
The document was signed in the presence of Oleg Belozerov by the CEO of RZD International Sergey Pavlov and the First Vice-President of Iranian Railways Ahmad Khodaei.
The agreement will soon enable work to begin on the contract, taking into account financing to the Islamic Republic of Iran from a Russian state export credit.
It is planned to continue cooperation on the pre-design and implementation of various infrastructure projects in the field of railway transport which will be offered to the Iranian side.
Oleg Belozerov also held talks with Saeed Mohammadzadeh, the newly appointed head of Iranian Railways (RAI).
The parties agreed to enhance their joint efforts in developing the transit potential of the North — South International Transport Corridor through regular meetings of working groups.
The contractual agreement for the design, materials supply, equipment and construction on the electrification project of the