Iran to invest in Afghan railways

Iran plans to invest $75mln in the construction of the Afghanistan part of Khaf-Herat railway line which is due to connect the country to Eastern Iran, a Kabul official announced on Sunday.

Afghanistan Deputy Minister of Public Works Wali Mohammad Rassouli said that the railway has been divided into four parts, two of them in Iran and the other two in Afghanistan.

“The third and fourth sections are inside Afghanistan. The third part which is 62km long will be completed by the end of this solar calendar year (on March 20, 2013) by Iran’s $75mln gratis aid,” he said, adding that the Asian Development Bank (ADB) will fund the last part.

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Source: Fars News Agency, Iran, 2012-08-26