FS, Iran's RAI in high-speed rail deal

Italian rail firm to build two high-speed lines in Iran

(ANSA) - Rome, February 9 - Ferrovie dello Stato (FS) public railway company and State-owned Islamic Republic of Iran Railways (RAI) on Tuesday signed a Memorandum of Understanding to develop two high-speed rail lines in Iran and to train Iranian rail staff. The accord for the deal worth up to five billion euros was signed in the Iranian capital of Tehran by Deputy Transport Minister Mohsen Pour Seyed Aghaei, who is also the president of RAI, and by FS CEO Renato Mazzoncini.
    FS said in a statement it will design and build two high-speed rail lines, one connecting Tehran and to the city of Hamadan, the other linking the industrial cities of Arak and Qom.
    Iran plans to extend its 10,000-km railway system by 25,000 kilometers by 2025. Of these, 7,500 are already being built.
   

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