The Tehran–Mashhad High-Speed Electrification Upgrading Project is a massive rail transit development in Iran designed to electrify and speed-optimize the existing 926-kilometre double-track corridor connecting the capital to Iran’s second-largest city, Mashhad. The mega-project is a central pillar of Iran’s transit policy to integrate into the transcontinental China–Iran–Europe rail freight corridor.
History
Following a period of complete stagnation where the original Chinese contractor (CMC) temporarily withdrew due to sanctions complexity, Iran and China signed a formal contract revival. Furthermore, following targeted military airstrikes on the cross-country transport network, Iranian engineering teams had to prioritize emergency repairs to restore standard diesel services.
Finance
$1500000000 loan
Exim Bank of China
Development bank
$170000000 investment
Government of Islamic Republic of Iran
Government
Contractors
China National Machinery Import Export Corporation