TEHRAN – The Islamic Republic of Iran Railways (known as RAI) has reached an agreement with the country’s private locomotive-owning companies to collaborate in attracting investment into the railway industry.

According to RAI Head Miad Salehi, the company has held two meetings with the representatives of the mentioned companies over the past few months which have had very positive results, IRNA reported.

Expressing his satisfaction with the meetings held with the private sector locomotive owners, Salehi said: “Good meetings were held and some agreements were reached; so far we have been able to implement what we agreed upon in the meeting and we are going to continue doing this step by step.”

EF/MA