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29 October 2014

Economy Council approved the request of Ministry of Roads to make use the financial facilities equal to 22 billion rupees to purchase 250 thousand tons of rail from India in order to replace the worn out and rusty old rails in the network.

The Economy Council session was held yesterday by the first deputy of the president and at presence of Minister of Roads and some other ministers to assess and decide about the request of Ministry of Roads regarding financial facilities to develop the rail network of the country.

Deputy of the president outlined the second footnote of fund regulations of the current year and said: “Islamic Council has given a good opportunity to the government by approving this note to optimize energy consumption and it is necessary for the government and its ministries to make use of this opportunity.”

Mr. Jahangiri also noticed that Mr. President emphasized on railroads developments and this matter is one of the fundamental and crucial requirements of logistics. He also emphasized on the necessity of concentration on railroad developments.

 

As the session went on; the request of the Ministry of Roads regarding financial facilities was proposed which was equal to 22 billion Indian rupees to buy 250 thousand tons of rail. The request was confirmed after the Ministry’s representative explained the aims of the project comprising the development of rail network and replacing the rusty old rails.