Tehran – The Italian FS Group has signed a Memorandum of Understanding (MoU) in Tehran, bearing the signature of Deputy Minister of Transport and Chairman of RAI (Iranian Railways) Our Sayed Aghaei and of FS CEO Renato Mazzoncini. The agreement focuses on the search of new high speed rolling and conventional materials in Italy, training of railway staff and the implementation of a testing center. The total value of export credit for railway projects in Iran could reach €5 billion. With this agreement, the Italian Railways Group maintains its leadership in the development of Iran’s rail network, with the construction, design, and commissioning of the high-speed lines Tehran – Hamedan and Arak – Qom. Italcertifer will also work in the preliminary design of the Test Center of Iranian Railways, a test center with advanced equipment to test the infrastructure and materials used. (Red)