BAKU, Azerbaijan, October 26. Iran's Economic
Council has decided to finance the construction of a railway line
connecting Turkmenistan and Türkiye.
According to the information portal of Iran’s First Vice
President, this was discussed during the meeting of the Economic
Council on Monday chaired by First Vice President Mohammad Reza
Aref.
During the meeting, the council approved financing for the
construction of the double-track electrified
Khavaran–Tabriz–Marand–Cheshmeh Soraya railway line.
The project is expected to strengthen Iran’s transit position
and create opportunities for the development of regional economic
cooperation.
The Khavaran–Tabriz–Marand–Cheshmeh Soraya railway line is 324
kilometers long, and feasibility studies for its construction have
been conducted. Freight trains on the route are expected to travel
at speeds of up to 110 kilometers per hour, while passenger trains
will be able to reach 160 kilometers per hour.
Iranian officials estimate that $1.8 billion will be required
for the initial phase of the project.
Iran plans to use the railway corridor to transport 15 million
to 20 million tons of cargo annually between East and West,
connecting China and Europe in both directions.
