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Shah's call for help continued from page 17 Freightliner experience

7th February 1975
Page 20
Page 20, 7th February 1975 — Shah's call for help continued from page 17 Freightliner experience
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and cold store warehousing to develop these techniques in Iran.. During the threeyear term of the contract, containerization and an integrated road/rail system will begin to evolve, but at the moment the railway system is confined to single track only and therefore for some considerable time to come Iran Will be largely dependent on its road network.

Recently, the Iran Government invited hundreds of owner operators to join the Iranian Transportation Company and this is another aspect of the contract which will benefit NFC. They can acquire a 49 per cent holding in Iranian companies and although figures have yet to be confirmed it is understood that the Government in Teheran offers a 40 per cent interest-free loan for equipment to new companies with a three-year pay-back clause. Sir Daniel said that Iran was priming the pump of the private sector to get things moving.

The contract was won in the face of opposition from private consultants from all over the world and it is significant that the NFC was invited to quote. Sir Daniel believed that this had taken place because the Iranian Government realized that NFC had been involved in every aspect of transport and had met and overcome most of the problems that Iran was now facing. "Because their oil resources will run out in 25 years' time, they wish to become an industril country in 15 years' tin. and, in that period, ove come the problems which v, have been meeting for If years," said Sir Daniel.

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People: Daniel
Locations: Teheran

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