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The almost 9,000-km-long railway connects Inner Mongolia to the city of Bam in southeastern Iran and will be used by cargo and service trains.

In the opening ceremony of the new railway, a cargo train moved from Inner Mongolia logistic and industrial town to the city of Bam. It is estimated to arrive in Bam in 15 days.

The train consists of 41 containers carrying equipment, machineries and car spare parts.

The consignment worth is $1.5 million.

In another development, a cargo train left the city of Bayannur in western Inner Mongolia for the Iranian capital city of Tehran.

The two railways are part of a larger rail network which is to connect China to the Europe via Iran.

The railways have been launched since March 2011 and been used by almost 10,000 cargo trains.

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According to the News, the company noted in its statement that it is currently holding talks on supplying cars to these countries. In general, there are plans to supply about 20 percent of the plant's output to foreign markets.

Presently, the plant produces Khazar LD and Khazar SD models.

In the near future, the factory plans to set up production lines for Renault and Peugeot brands, which will cost 18,000-21,000 manats ($10,600-$12,350). The cost of cars presently produced at the plant is 14,000-16,000 manats ($8235-$9410).

Khazar car plant is located in southeast Azerbaijan in the Neftchala Industrial District. All cars produced comply with Euro 5 standards.

On Aug. 6, 2016, a major Iranian automaker Iran Khodro and Azerbaijani company Azeurocar (a subsidiary of AzerMash) signed an agreement to establish a joint automobile factory in Neftchala.

The total cost of the project is estimated at 24 million manats ($14.1 million). Azerbaijani investment in the factory was 75 percent while the Iranian side invested 25 percent.

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