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The Iranian railway market is poised for significant growth in the coming years, driven by government investments in infrastructure development and increasing demand for efficient and sustainable transportation solutions. With a total railway network of over 13,900 kilometers, Iran is strategically positioned to connect key regional trade routes and facilitate economic growth. The market is expected to witness a CAGR of 5.2% from 2023 to 2027, reaching a value of US$7.8 billion by 2027.
The Iranian government plays a crucial role in driving the growth of the railways market through its extensive procurement activities. In 2022, the government allocated over US$2.5 billion for railway procurement, demonstrating its commitment to modernizing and expanding the country's rail network. The government procures a wide range of railway products and services, including locomotives, rolling stock, tracks, signaling systems, and electrification equipment.
The main railway products and services procured by the Iranian government are:
Locomotives
Rolling stock
Tracks
Signaling systems
Electrification equipment
Passenger coaches
Freight wagons
Rail bridges
Tunnel construction
The top authorities for Iran Railways procurement are:
Ministry of Roads and Urban Development
Islamic Republic of Iran Railways (RAI)
Iran Railway Construction Company (IRCON)
Rail Road Development and Renovation Organization (RDRRO)
The top winners of Iran Railways procurement are:
MAPNA Group
Farab Co.
Pars Trans Rail
Wagon Pars
Khuzestan Railway Industries
Trans-Iranian Rail Road Company (Trans-IRC)
Kisco Group
Sunir Group
Iran Khodro Diesel
Arya Rail
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