At a meeting of Governor General of Mazandaran Province Mohammad Eslami with
deputy minister of roads and managing director of the Islamic Republic
Railways and the officials of the Bank of Industry and Mine, practical ways
for development of the infrastructure of Mazandaran railways were discussed.
Eslami, at the meeting, praised the key role played by the BIM in
development of the country’s railways.
He noted that he had held another meeting with the railway authorities and
pertinent BIM officials to discuss the follow-ups of the main projects aimed
at development of the province. He said the Bank of Industry and Mine is one
of the most effective banks in the country, which has played a key role in
the development of the railways using the resources of the National
Development Fund, but Mazandaran has not used these resources yet.
Pointing out that in the past they had reached agreement with the CEO and
board of directors of the BIM for Mazandaran development plan, he stated:
“Today, at this meeting, we decided to establish a joint working group to
determine the credit model of this project with an initial estimate of 4
billion euros so that we can establish the Tehran-North Express Railway.”
Eslami further said: “We have also reached
agreement on initial projects of the second line of the suburban railways of
Babol, Qaem-Shahr and Sari along the main line. “We are trying to draw
provincial investors and start this rail line as quickly as possible to
reduce the traffic load in the province.”