Azerbaijan will grant a loan for railway construction in Iran

Nərmin Rəhimova
Author

Baku. 25 November. REPORT.AZ/ "Currently, we hold talks with Iranian counterparts on Rasht-Astara. Azerbaijan will grant a loan for construction of Astara-Rasht railway."

Report informs, Chairman of 'Azerbaijan Railways' CJSC, Javid Gurbanov said addressing a business forum "Strategic Partnership 1520: The Caucasus region connecting four corners of the world" in Baku.

"Russia also intends to participate in the project. However, we will discuss it," J.Gurbanov said.

The head of 'Azerbaijan Railways' CJSC said that the main purpose of the forum is to study mutual investment opportunities. Bilateral protocol and memorandum will be signed in the event.

Other News

Azerbaijan, South Korea discuss cooperation in aviation 20 October, 2026 / 14:14
Freight transit through Azerbaijan reaches five-year high 20 October, 2026 / 13:21
S. Korean company to assist Azerbaijan in digitalization of its railways 20 October, 2026 / 09:34
SWISS Zurich-Shanghai flight makes emergency landing in Baku 19 October, 2026 / 20:38
Škoda Group: We are ready to become Azerbaijan's strategic partner in public transport development — INTERVIEW 19 October, 2026 / 14:42
Modern waste processing infrastructure to be established in Azerbaijan 19 October, 2026 / 10:00
Vietnam-related cargo transit via Azerbaijan rises sevenfold 16 October, 2026 / 15:07
Heydar Aliyev International Airport to switch to autumn-winter flight schedule 16 October, 2026 / 14:49
Azerbaijan, Kazakhstan and Uzbekistan discuss stronger rail and transit links 16 October, 2026 / 12:09
Baku Metro delegation visits railcar manufacturing plant in South Korea 15 October, 2026 / 15:20
Harmonization of customs rules essential for regional transport corridors, IMF official says 15 October, 2026 / 09:41
Azerbaijan, Kazakhstan seek closer port coordination on Middle Corridor 14 October, 2026 / 18:53
Deputy Minister: Reconstruction of Khankandi Stadium nearing completion 14 October, 2026 / 13:18
Discover the World appointed to represent AZAL in Belgium and the Netherlands 14 October, 2026 / 13:17
Garabagh to host forum for Yukselish competition winners 14 October, 2026 / 13:10
Special rep: Next resettlement to Kalbajar's Zar village expected soon 14 October, 2026 / 12:54
Ilham Aliyev: Murovdag tunnel stands as important example of engineering in complex mountainous terrain 14 October, 2026 / 12:35
President: Azerbaijan's urban planning experience can be used internationally 14 October, 2026 / 12:29
Ambassador: 46 Italian companies participating in BakuBuild 14 October, 2026 / 11:37
Masim Mammadov: '980 families have returned to Lachin' 14 October, 2026 / 11:17