Bonyad Eastern railway company (Bonrail) and German State
Railway, have signed a MoU for technical and financial cooperation
on 20 May 2017 in Tehran.
This MoU was sealed on the last day of RailExpo, the 5th
International Exhibition of Rail Transportation, Related Industries
& Equipment, which was held in Tehran International Permanent
Fairground on 15 – 18 May 2017.
The 5th Iran RailExpo, hosted by the Iranian capital of Tehran,
with participation of 160 local and 130 foreign companies from 16
countries, has marked the second largest rail exhibition in the
world.
According to Alireza Sheikh Taheri, Managing Director of Bonyad
Eastern railway company, Deutsche Bahn, Germany's state-owned
railway and Bonyad Eastern railway company, previously signed an
agreement for the purpose of enhancing the quality of railway
services in Iran. Since Germans have been satisfied with the
contract, they created a proposal for the memorandum of technical
and financial cooperation