<table width="100%" border="0" cellspacing="0" cellpadding="0" valign="top" style="font-family: times new roman;">''<tbody>''<tr>''<td valign="top" style="width: 484px; text-align: justify; padding: 4px; vertical-align: top;">''<p class="content" style="font-family: verdana, helvetica, sans-serif, arial; font-size: 8pt;">China will build a train line connecting the Iranian port of Bushehr to the rest of the country's railway network under a 700 million USW dollar deal signed today. The agreement was inked in Tehran in the presence of Iranian Transport Minister Abbas Akhoundi and officials from China Machinery Industry Construction Group.<br />''<br />''It will see the group build a 400-kilometre railway line between the Gulf port and the southern city of Shiraz, IRNA state news agency cited officials as saying without specifying when construction would get underway.<br />''<br />''This would complete the "North-South Railway Corridor" in line with Iran's goal of becoming a transport hub for goods between the Gulf, the Indian subcontinent, Russia and Central Asia. China is Iran's biggest economic and trading partner.</p></td></tr></tbody></table>
News On AIR | March 8, 2018 6:41 AM
Iran signs deal with China to connect key port to rail network