According to RIA Novosti, the Russian company has begun the construction process of the complex project which belonged to a local private Iranian holding. The company also plans to build the railway station for freights and passengers and the bus terminal.
Moreover, Regiontransneft plans to create flight training centers, centers for maintenance of aircraft in Qom.
Development in the field of pilgrim tourism will become one of the important factors that will involve the construction of hotels and the accompanying infrastructure.
In June, Reuters reported that Iran is in talks with the Russia-led Eurasian Economic Union (EEU) to forge a free trade pact.
In turning to the EEU, Iran would be building on increasing trade, economic and military ties with Russia.
Iranian Communications and Information Technology Minister Mahmoud Vaezi and EEU Trade Minister Veronika Nikishina met in St. Petersburg in June to discuss a free trade pact.
Iran has compiled a list of 200 items to trade with the EEU, according to Press TV. If a free trade pact were signed, Iran would grant EEU members preferential tariffs for three years before launching free trade, Vaezi said.
Free trade would bring the Islamic Republic closer to joining the EEU — a Russia-led trade bloc formed in 2015 that includes Armenia, Belarus, Kazakhstan and Kyrgyzstan.
Trade between Russia and Iran nearly doubled between January 2016 and January 2017, according to Russian Ministry of Economic Development cited by Sputnik news agency.
Top Russian gas producer Gazprom and the National Iranian Oil Company signed a memorandum on cooperation in March when Iranian President Hassan Rouhani visited Moscow.
Also, in June, Russia announced readiness to electrify a main railway connecting the Iranian capital Tehran to the northwestern city of Tabriz.
First Vice President of Russian Railways operator Alexander Misharin told reporters in Sochi that he had presented the proposal in a meeting with the the head of the Islamic Republic of Iran Railways (RAI) Saeed Mohammadzadeh.
“We are discussing the following electrification segments: Tehran-Tabriz which is around 600 kilometers,” Misharin was quoted as saying by Russia’s TASS news agency.
Relevant agreements can be concluded this year, he added.
Russia and Iran signed an agreement worth €1.2 billion in November 2015 to electrify a train line connecting north-central Iran to the northeastern border with Turkmenistan.
The agreement between Russian Railways and the Islamic Republic of Iran Railways (RAI) envisages constructing power stations and overhead power lines along the Garmsar-Sari-Gorgan-Inche Burun route in Iran.
The train line, among the first in Iran with a history of 80 years, extends to Turkmenistan and Kazakhstan and links the Central Asia to the Persian Gulf and beyond.
On a related front, other officials from Russian Railways said the company would start the project in 2018, TASS added.
The project will cover 32 stations and 95 tunnels, 7 traction substations, 11 section pillars, 6 duty posts of the contact station and power supply administration building. According to preliminary estimates, the project will be implemented in 36 months.
