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Tuesday، 17 October 2017 | Score: Article Rating
S-Korea Minister of Land, Infrastructure and Transport in Tehran to Discuss Investment

 S-Korea Minister of Land, Infrastructure and Transport in Tehran to Discuss Investment

MRUD News – South Korea’s Minister of Land, Infrastructure and Transport, Kim Hyun-mee, met with Iran’s Minister of Roads and Urban Development in Tehran on 16 October, 2017.

Hyun-mee and Akhoundi discussed further cooperation between their respective countries through Korean firms’ investment in Iran’s rail and road transport, transit, logistics, housing and urban development projects; as well as projects currently being carried out in Iran by S-Korean companies.


In the joint press conference, Akhoundi stated that establishing a joint cooperation commission between the two Ministries has been agreed on in order to accelerate the decision-making process for partnered projects.


Furthermore, developing Isfahan-Ahwaz railway, purchasing railbus systems and investing in Iranian airports in the transport sector; and smart cities in the urban development sector were among the topics discussed, according to Akhoundi.


Hyun-mee pointed out that an operational committee is to be held in Seoul, along with the joint economic commission, scheduled for 15 November, in order to further discuss investment opportunities in Iran.


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