Iran and Russia invest $38 billion in North-South corridor.
The Islamic Republic of Iran Maritime Group announced: The two countries, Iran and Russia, have so far considered an investment of $38 billion for the North-South corridor.
 

At the opening ceremony of the international conference "North-South Corridor - New Concept", held in Astrakhan, Russia, the Governor of Astrakhan of Russia, the Ambassador of the Islamic Republic of Iran in Russia, the director of the Afghan railway, the director of the Iraqi railway and the head of the North-South integration club gave speeches.
At the specialized meeting of this conference, the director of the Iranian port of Salyanka in Russia, affirming that the international North-South corridor is a key element of the Eurasian transport network, highlighted the three western, eastern and maritime or trans- Caspian routes and said: in total, an investment of about $38 billion has been allocated for this corridor, and Russia's share will be 35% and Iran's share will be 34%.
Director of Iranian Salyanka Port highlighted the steps taken by the Islamic Republic of Iran Shipping Company in the North-South Corridor and added: the purchase of 330 wagons, the purchase of 54,000 containers, the negotiation , the purchase and order for the construction of 21 ships to strengthen the maritime routes of Among these measures was
He also highlighted the increase in the cargo transport capacity of the Caspian Sea Transport to 130,000 tonnes, the establishment of a direct and regular line between China, India and Africa via Bandar Abbas and Chabahar to destinations in countries along the Caspian Sea and Russia.
He said that the investment of ten million dollars of the Islamic Republic of Iran Maritime Group in Salyanka Port to increase capacity, develop the port, infrastructure and purchase ships is one of the most important to the maritime group.
It attracted investments in the construction, reconstruction, renovation and development of transport infrastructure and modernization of means of transport, identification of projects with high potential to attract goods to the North-South corridor, development of the container fleet and especially refrigerators, the expansion of the railway fleet and the expansion He explained the transport facilities, including the mechanisms to remove obstacles along the corridor.
It is worth mentioning that on the second day of this conference, the conference participants visited the ports of Astrakhan and the Lotus shipyard.

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