Domestic Production of Railway Equipment Saves Iran €5m a Year
The head of the Industrial Development and Renovation Organization of Iran (IDRO) has said domestic production of wagons and locomotive axels saves the country five million euros a year.
Speaking to the press on the sidelines of a visit to the 9th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran on Friday, Ali Nabavi said Esfarayen Industrial Complex which is a subsidiary of IDRO has the capacity to manufacture 7,000 axels per year which can meet part of the domestic needs.
Meanwhile, IDRO Deputy Head Farshad Moqimi also mentioned the inauguration of the country’s first forged mono-block wheels factory with a production capacity of 25,000 wheels per year.
The country’s annual demand for monoblock wheels is estimated at about 25,000 to 30,000 units, which would lead to more than 20 million euros of imports annually considering the global production price per wheel, according to Moqimi.
Head of the Islamic Republic of Iran Railways (known as RAI) Miad Salehi also paid a visit to the mentioned exhibition on Friday during which he announced President Raisi’s order to set the rail transportation of basic goods as a priority in the current Iranian calendar year (started on March 21).
“The government’s view is to develop the railway fleet, especially the freight and cargo fleet because it plans to increase the current 10 percent share of the railways in transporting basic goods,” Salehi said.
The President emphasizes the maximum use of the country’s railway network capacities. Therefore, RAI has tried to neutralize sanctions and remove obstacles to the domestic development of rail transportation, he said.
