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FinancialNews


  • 14-03-21

    Iran to renovate 31 subway trains, 10,000 public taxis

    (MENAFN)Iranian Planning and Budget Organization (PBO) and Tehran municipality inked a memorandum of understanding (MOU) for repairing 31 subway trains and 10,000 public taxis.

    According to IRIB, PBO Head Mohammad-Baqer Nobakht and Tehran Mayor Pirouz Hanachi had inked the deal.

    More than 100 trillion rials (USD2.3 billion) is set for the restoration of the stated 10,000 taxis, the report further stated.

    Tehran Urban and Suburban Railway Operation Company inked an MOU with Tehran Wagon Company for collaboration in establishing 105 wagons for the capital city’s urban railway fleet.

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