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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