During the Italian Prime Minister Matteo Renzi visit to Tehran, seven cooperation documents have been signed between the two countries.
Among other economical areas, the documents signed included an MoU on the cooperation between the Islamic Republic Railways with Italian Railways (Ferrovie dello Stato).
Thus, Ferrovie dello Stato will participate in the construction of the Tehran – Hamedan and Qom – Arak high-speed lines under a framework agreement with an estimated value of around EUR 3 billion, which was signed in Tehran by Ferrovie dello Stato CEO Renato Mazzoncini and Mohsen Pour Seyed Aghaei, Iran’s deputy transport minister and president of Iranian Islamic Republic Railways (RAI).
In February, a memorandum of understanding was signed by the governments of Italy and Iran, regarding Iran’s planned 10,000 km railways development.
The agreement covers some EUR 5 billion of work to be carried out by Italy’s state-owned rail company, Ferrovie dello Stato, for its counterpart in Iran, Iranian Islamic Republic Railways.
FS’s certification arm, Italcertifier is working on the design of a test centre for infrastructure and rolling stock, while the company’s engineering arm, Italferr, is a preferred bidder for the contract to work on the construction of a metro in Mashhad, in the north-east of Iran.
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