modernization

ADB Allocates $350 Million to Modernize Balajari–Yalama Railway

The Asian Development Bank has provided a $350 million loan to modernize the 192-kilometer Balajari–Yalama railway section. The funds will go toward electrification, signaling, and telecommunications.

Iran's Ardabil Province Needs $400 Million to Modernize 600 Enterprises

Ardabil Governor Masoud Emami Yeganeh said 700 trillion rials (about $400 million) are needed to modernize 600 economic enterprises and provide them with working capital.

71 of 124 Modernized Railway Stations Put into Operation in Kazakhstan

Kazakhstan has commissioned 70 railway stations under a national modernization program, with 54 more under reconstruction.