12/02/2011China to invest $13 billion in railway
Tehran: China has signed contracts with Iran worth $13 billion to develop the infrastructure for the transport sector in the Islamic Republic of Iran, which will build a railway network extends over a distance of 5.3 A. Iklmnbar.
The contract was signed during the visit of Chinese delegation to Tehran.
Chinese experts will extend the 8 networks of railways.
Beijing will also implement projects of infrastructure and transportation sector and build factories for components and spare parts for railways, in addition to the exchange of technology.
The volume of direct trade between China and Iran with a $ 30 billion, as China is the second largest importer of Iranian oil after Japan.
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