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Russian Railways might take part in funding of Iran’s railroad

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Russian Railways might take part in funding of Iran’s railroad

The Russian Railways JSC might take part in financing of building a section of Resht - Astara railroad in Iran, the first vice president of the company, Alexander Misharin, announced on Friday in the Azerbaijani city of Baku.


“We received a business plan and conditions for participation in the project, at present we are examining them and in the next future, we will submit our proposals,” noted Alexander Misharin.

According to him, over the course of negotiations, which had been held before, the Russian Railways JSC offered to co-finance constriction of an upper section of the route, as well as to supply equipment needed for building a railroad.

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