Iran, Russia Sign Deal to Finance €3b for Joint Rolling Stock Production

[Muhammed45]

Iran, Russia Sign Deal to Finance €3b for Joint Rolling Stock Production

1. Economy
2. Domestic Economy

Monday, December 18, 2017
Iran, Russia Sign Deal to Finance €3b for Joint Rolling Stock Production



Russia signed a deal with Iran on Monday to finance €3 billion for joint manufacturing of 20,000 freight cars, 1,000 passenger cars, 350 locomotives as well as rail transportation equipment.

The agreement was signed by deputy minister of roads and urban development and head of the Islamic Republic of Iran Railways Saeed Mohammadzadeh as the Iranian side. The financiers are the Russian Export Center and Export Insurance Agency of Russia (EXIAR) whose respective CEOs Petr Fradkov and Alexey Tyupanov signed the deal as the Russian side.

As per the agreement, 6,000 cars will be manufactured in the first phase of the agreement by Russia’s United Wagon Company in cooperation with three Iranian companies, the Arak-based Wagon Pars, Arak Steel and Wagon Kowsar, the contract for which was signed in February.

According to Abbas Akhoundi Minister of Roads and Urban Development, who was also present at the signing ceremony, at present there are 28,000 freight cars and 2,200 passenger wagons in Iran. Once the new wagons join the fleet, he says, there will be a 70% and 50% rise in the number of these wagons respectively, IRNA reported.

Headquartered in Moscow, UWC is one of the largest rail firms in Russia and the Commonwealth of Independent States. The holding oversees the design, production, transport and leasing as well as service maintenance of railroad cars. It is owned by ICT Group, an investment venture based in Russia.

Iran has another agreement worth €2.5 billion with Russia’s CJSC Transmashholding for joint production of rolling stock in Iran. Based on this contract signed in late July, a joint venture is to be formed between the Industrial Development and Renovation Organization and the Russian company with the Russian side holding an 80% stake and the Iranian side a 20%.

Transmashholding CEO Kirill V. Lipa told the Financial Tribune after the signing of the contract that the capacity of the joint venture will depend on the depth of localization. “For assembling, we’re thinking about 300-400 units per year.”


https://financialtribune.com/articl...gn-deal-to-finance-3b-for-joint-rolling-stock

 

[Muhammed45]

@pin gu
This is a good news btw, better than those imaginary wide wing planes which would fly to Argentina and Brazil

 

[Tps43]

@pin gu
This is a good news btw, better than those imaginary wide wing planes which would fly to Argentina and Brazil

LADA's coming to iran?

 

[Muhammed45]

LADA's coming to iran?

No No No

Locomotives and freight/passenger cars.

For civil cars, we have tens of Chinese/French/Japanese/Korean companies selling their cars in Iran.

 

[Stryker1982]

No No No

Locomotives and freight/passenger cars.

For civil cars, we have tens of Chinese/French/Japanese/Korean companies selling their cars in Iran.

Iran seriously needs to improve the quality of our cars if we want to not lose market share in Iran and export regionally.

 

[Tps43]

No No No

Locomotives and freight/passenger cars.

For civil cars, we have tens of Chinese/French/Japanese/Korean companies selling their cars in Iran.

Yes btw Japs and koreans havent got any formal I mean official representation like french and Chinese though Koreans sold the rights of manufacturing there old models to kerman motors and Saipah in form of cerato and accent.

Iran seriously needs to improve the quality of our cars if we want to not lose market share in Iran and export regionally.

problem in pakistan

Problem In Iran

 

[vostok]

LADA's coming to iran?

New Lada isn't that bad and still cheap

 

[Muhammed45]

New Lada isn't that bad and still cheap
View attachment 443459 View attachment 443460

There was talks in 2016, Lada is preparing to produce these Lada-cars in Iran :

Nice cars, but i guess it was canceled

 

[vostok]

There was talks in 2016, Lada is preparing to produce these Lada-cars in Iran :

Nice cars, but i guess it was canceled

2, 3, 4 are concepts.

 

[Tps43]

New Lada isn't that bad and still cheap
View attachment 443459 View attachment 443460

Now a days We cant Find cheap cars so its good to have cheap and reliability both at same time.

 

[pin gu]

@pin gu
This is a good news btw, better than those imaginary wide wing planes which would fly to Argentina and Brazil

A healthy economy needs all of them( cars , airplanes , buses , trains, ships and .... )

Let me ask you this , do you want to see our market in hands of single group of people with same ideology ?

I support these deals from both sides ( east and west ) as long as there is not good domestic product in that field .

 

[Muhammed45]

A healthy economy needs all of them( cars , airplanes , buses , trains, ships and .... )

Let me ask you this , do you want to see our market in hands of single group of people with same ideology ?

I support these deals from both sides ( east and west ) as long as there is not good domestic product in that field .

Well, dear.
I support non of them. Only homemade with foreign/internal funds/investments.