Iran bonds aim to raise US$570.5mn for transport infrastructure

Iran has reportedly issued bonds in a bid to raise US$570.5 million (IRR 7tn) to improve transport infrastructure including roads, freeways and railways. The bonds move, reportedly made on February 22 2013, was said to have been announced by Ahmad Sadeqi, managing director of Construction and Development of Transportation Infrastructure Company.
February 22, 2013 Read time: 1 min
Iran has reportedly issued bonds in a bid to raise US$570.5 million (IRR 7tn) to improve transport infrastructure including roads, freeways and railways.

The bonds move, reportedly made on February 22 2013, was said to have been announced by Ahmad Sadeqi, managing director of Construction and Development of Transportation Infrastructure Company.

Related Content

  • Indian infrastructure investment plans
    April 27, 2012
    In India innovative infrastructure investment plans are being drawn up intended to help develop the country's highway network. The National Highway Authority of India (NHAI) plans to finance its road projects by issuing bonds.
    Read More
  • Colombia’s new transport infrastructure to boost national construction industry
    July 30, 2013
    Huge investment in Colombia’s transport infrastructure is expected to lead to substantial market growth in the country’s construction industry, according to new research by Timetric. In its research report; ‘Construction in Colombia – Key Trends and Opportunities to 2017’, Timetric, who provide online data, analysis and advisory services to key financial and industry sectors, states, “Colombia’s Ministry of Transportation plans to invest COP102.3 trillion (US$56 billion) in transport infrastructure developm
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More

Highlighted Content