The announcement was made by Minister of Road and Urban Development Abbas Akhundi on Sunday on the sidelines of the first rail-based city planning specialist seminar.
He added that in addition to the renovation on hire purchase, the completion of the railway network is also on the agenda.
“We have held talks with China and some European countries for launching high-speed rail on affordable budget; I hope the talks will yield positive results,” he said.
“Overall, we have held good talks on this issue with the foreign sides but we have not yet signed any agreements. We will make announcements once the agreement has been inked,” he said.