Domestic production of railway equipment saves Iran 5 million euros per year

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TEHRAN – The head of Iran’s Industrial Development and Renovation Organization (IDRO) said domestic production of locomotive wagons and axles saves the country five million euros a year, IRNA reported.

Speaking to the press on the sidelines of a visit to the 9th International Exhibition of Railway Transport, Allied Industries and Equipment of Iran on Friday, Ali Nabavi said that the Esfarayen Industrial Complex, a subsidiary of IDRO, has the capacity to manufacture 7,000 axles per year, which can meet part of the domestic needs.

Meanwhile, IDRO Deputy Director Farshad Moqimi also mentioned the inauguration of the country’s first forged one-piece wheel plant with a production capacity of 25,000 wheels per year.

The country’s annual demand for one-piece wheels is estimated at around 25,000 to 30,000 units, which would lead to more than 20 million euros in annual imports considering the global production price per wheel, according to Moqimi.

Raising basic freight rail transport on the agenda

Head of 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 make rail transportation of basic goods a priority in the current Iranian calendar year (started March 21).

“The government’s view is to develop the railway fleet, especially the freight and freight fleet, as it plans to increase the current 10% share of railways in the transport of basic goods,” he said. Salehi said.

The President emphasizes the maximum use of the capacities of the country’s railway network. Therefore, RAI tried to neutralize the sanctions and remove obstacles to the national development of rail transport, he said.

Locomotives made in Iran: cheaper and more reliable

Elsewhere on the sidelines of the railway industry exhibition, a member of the country’s Association of Railway Transport Companies said Iranian locomotives can be produced and brought to market at a price 25% lower than that of similar foreign models.

This makes Iranian locomotives more economical given the country’s current economic situation, Ghasem Abdollahi said.

“Plans have been drawn up for the production of locomotives in the interior of the country. The locomotive industry is at the top of the railway transport industry, and due to the problems related to sanctions and issues related to foreign exchange supply for locomotive imports, the production of Iranian locomotives is seriously pursued” , underlined Abdollahi.

The 9th International Exhibition of Railway Transport, Allied Industries and Equipment of Iran was held from May 24 to 27 at the Tehran International Permanent Exhibition Center.

As reported by the Iran International Exhibition Company portal, more than 86 companies participated in the current year’s rail transport exhibition.

After the United States reimposed sanctions on the Iranian economy, a national determination formed inside Iran to empower its domestic production to achieve self-reliance.

Since then, the national will for independence has grown stronger and Iranian industry has boosted production in different sectors.

The railway is one of the sectors in which this status is exceptional, as autonomy has been achieved in some major areas of this sector.

From domestic manufacturing of parts and equipment to tracks, wagons and locomotives, self-sufficiency is now visible in the rail sector.

EF/MG

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