Tehran: Iranian Minister of Roads and Urban Development indicated that his country has gained the trust of the Russian side regarding the Rasht-Astara railway project, and that the ministry is preparing to sign the contract within the next two weeks.
According to National news agency - Lebanon, the minister announced significant progress in the project following Iran's success in securing Russia's confidence, explaining that work is underway to finalize the land acquisition for the project before its completion.
He added that "the value of the implementation contract is pound 1.6 billion, and Iran is expected to provide 15% of the total amount." He also revealed that Russia has invited Iran to sign the implementation contract within the next two weeks, reflecting the extent of cooperation between the two sides in completing this vital project linking Rasht and Astara.