Information published on 16 February 2016 in the UIC electronic newsletter "UIC eNews" Nr 485.

Italy/Iran: Italian railways (FSI) seal cooperation deal with Iranian railways (RAI) to build high speed lines

MOU signed between Iranian Deputy Minister of Transport and RAI Chairman Aghaei and FSI CEO Mazzoncini

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Iranian Railways (RAI) have chosen to draw on Italian expertise in high speed rail to build high speed lines from Tehran – Hamadan and Arak – Qom.

The Iranians will once more be looking to Italian suppliers to source both high speed and conventional rolling stock, as well as training for railway staff and a test centre.
These are the main tasks falling to FS Group under the MOU (Memorandum of Understanding) signed in Tehran on 9 February between Deputy Minister of Transport and RAI Chairman Pour Sayed Aghaei and FS CEO Italiane Renato Mazzoncini.
The total export credit value for rail projects in Iran could reach 5 billion euros.

The agreement confirms FS Group as leading the running to develop Iran’s rail network, and covers the creation, planning, building and commissioning of high speed lines from Teheran – Hamadan and Arak – Qom.

Italcertifer will also be involved in preliminary planning of the Iranian Railways Test Centre, which will be equipped with the latest technology for testing both infrastructure and rolling stock.

Under the agreement signed in Tehran, FS Group will assist RAI in sourcing rolling stock in Italy for both high speed and conventional services, and will also supply a full training programme for Iranian railway staff.

Italferr, FS Group’s in-house engineering branch, has also won a contract to supply RAI with technical assistance on the planned Teheran-Qom-Isfahan high speed line of approximately 400 kilometres.
Iran’s rail network covers around 10,000 km, and is set to grow to 25,000 km by 2025. Some 7,500 kilometres of new lines are already under construction.

All the cooperative ventures set forth in the MOU will be funded via export credits. The Italian export credit agency, SACE, and Italian investment bank Cassa Depositi e Prestiti (CDP) have already released separate letters inviting expressions of general interest in the Iranian rail projects.

Iranian Deputy Minister of Transport and RAI Chairman Aghaei already met with FS CEO Renato Mazzoncini in Italy on 15 December last year, visiting a number of FS Group’s flagship locations and testing the “Frecciarossa 1000” high speed train.

(Source: FS Italiane)