Home / EMEA / Two Chinese companies provide funding for Tehran-Mashhad railway signaling project in Iran

Two Chinese companies provide funding for Tehran-Mashhad railway signaling project in Iran

The Chinese companies CMC and SUPOWER have signed a deal with the Iranian Railways Company to invest in the 900km Tehran-Mashhad railway signaling project.
A consortium comprised of subsidiaries of the Iran Power Plant Projects Management Company, known as MAPNA, will cooperate with the Chinese partners in the project.
On February 23, Iran and China signed an agreement in Tehran, finalizing a roadmap to double bilateral trade over the course of three years.
http://tehrantimes.com/

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