Skip to main content

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

  • “Innovative thinking” can secure vital US transport infrastructure cash
    August 21, 2012
    A leading US regional business association figure has called for “innovative thinking” on transport infrastructure funding and the “aggressive exploration” of new funding sources to help achieve a more prosperous America. Writing in the Cincinnati Enquirer, Ellen van der Horst, president and CEO of the Cincinnati USA Regional Chamber, said: “Just as innovation leads to improvements in the way we do business, innovative thinking can also lead to improvements in the way we fund infrastructure. And the need fo
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • Better asset management will reduce costs and improve efficiency
    August 22, 2013
    The FEHRL Infrastructure Research Meeting 2013 (FIRM 2013) raised key issues in transport innovation The key theme for FIRM 13 was advanced and innovative construction and maintenance, highlighting the importance of efficient asset management. Infravation, or infrastructure innovation, was another focus area for the event. Joris Al, FEHRL president said, “We aim to bring interested parties together. We’ve decided to build on existing knowledge rather than starting with front edge technologies and working
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel