Donya-e-Eghtesad announces the opening of a 7.1 billion dollar credit line in order to finance the electric train line between Tehran and Mashhad. This contract between Sanaat and Madan (Industry and Mining) Bank of Iran and Exim Bank of China set a record for international cooperation which allowed for the signing of other financial contracts afterwards. Tehran, Mashhad is the busiest rail line in the country and is expected to support 35 million passengers and 10 million tons of cargo annually by 2032. This will make this railway one of the 10 busiest rail lines in the world. By modifying this line to become electric, which is expected to take 48 months, not only will the safety factor increase and pollution decrease, the duration of travel will also reach 4 to 6 hours.
Tehran has several problems; public transportation and pollution are the highlights. Qanun daily reported about recent talks of increasing the cost of living in Tehran as a solution for some of these problems. The Deputy […]
Mohammadali Najafi was assigned as the Mayor of Tehran by official decree of the Ministry of Interior. Mr. Najafi is one of an experienced manager in post-revolution Iran. In 1981 and at 30 years of […]
Tochal Recreational and Sport Complex in north of Tehran, owns one of the world’s longest gondola lifts. The operating organization plans further development and expansion. “We have planned to extend the gondola lift route from […]