Iran to Construct Railroad in Saudi Arabia

A00905689.jpgThe Islamic Republic of Iran will participate in the construction of a 150km-long railroad in Saudi Arabia, Iran’s Trade Promotion Organization said. Director of the organization’s public relations department said that the contract for Iran’s participation in the project was signed during a visit to Riyadh in April by an Iranian delegation.

Mohammad Esma’eel Nazari added that the two sides also signed an agreement for the export of 2,000 Iran-made cars to Saudi Arabia.

“They also signed agreements for the construction of a detergent production factory and lead and zinc production lines by Iranian engineers and experts in Saudi Arabia,” he added.

The official further pointed out that the Trade Promotion Organization has recently started extensive activities to widen Iran’s presence in the markets of the Arab countries in the Middle-East region, saying that once proper markets are identified, export of Iranian goods and technical and engineering services to such Middle-Eastern states would witness an eye-catching growth.

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