Rasht-Astara Railway Section Set To Unlock New Chapter In North-South Corridor's Dev't - Minister
Date
6/15/2023 6:05:24 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 15. The agreement on the
construction of the railway section between Rasht and Astara will
open a new chapter in the development of the North-South Transport
Corridor, Minister of transport and Urban Development of Iran,
Mehrdad Bazrpash said, trend reports.
He made the remark during a panel discussion at the St.
Petersburg International Economic Forum.
"Over the past two years, we have taken a series of measures to
develop the North-South Corridor, and the signing of the agreement
for the Rasht-Astara section has been the most constructive
decision. This step will open a new chapter in the development of
this corridor," he said.
The agreement on the construction of this railway section
between Rasht and Astara, which passes through Azerbaijan, was
signed on May 17 in the presence of the Presidents of Russia and
Iran, Vladimir Putin and Ebrahim Raisi.
According to the agreement, the construction of this railway
will cost the Russian side 1.6 billion euros. The railway is
planned to be put in operation within 48 months.
The Rasht-Astara line will be approximately 170 km long. It is
needed to connect the landlocked sections of the North-South
International Transport Corridor, which will enhance the economic
efficiency of the Trans-Caspian route. The railway line is expected
to be built with the participation of Moscow and Tehran, while the
Astara (Iranian city) - Astara (Azerbaijani city) line will involve
Moscow, Tehran, and Baku.
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