Iran is boosting its transport infrastructure

Iran is investing heavily in boosting its transport infrastructure in a bid to boost its economy. The country has plans to build 5,000km of highways and 10,000km of main roads at present. During the first six months of 2012 the country has opened 850km of new roads to traffic. Iran’s Transportation Infrastructure Construction and Development Company plans to boost the road network of the country by 18,000km in all, as well as to build 11,000km of new railways.
October 24, 2012 Read time: 1 min
Iran is investing heavily in boosting its transport infrastructure in a bid to boost its economy. The country has plans to build 5,000km of highways and 10,000km of main roads at present. During the first six months of 2012 the country has opened 850km of new roads to traffic. Iran’s Transportation Infrastructure Construction and Development Company plans to boost the road network of the country by 18,000km in all, as well as to build 11,000km of new railways.

Related Content

  • Kenya soon to start on its eight-year road works programme
    November 11, 2014
    The Kenyan government will pay nearly US$557 million (€446 million) annually to contractors for building 10,000km of roads over eight years. A special annuity fund was also set up to fund road construction that will be under a new private finance initiative programme. The work, to be done in phases, will start by the end of this year. The first phase is for 3,000km, of which 1,940km will be managed by Kenya Rural Roads Authority and 365km by Kenya Urban Roads Authority. Kenya Highways Authority wil
    Read More
  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Indonesia plans $490 billion infrastructure spend over the next five years
    October 8, 2014
    According to the government of Indonesia, US$490.7 billion (IDR 6,000 trillion) will be needed in the next five years for a series of major infrastructure projects across the country including roads, bridges, power plants, ports and airports. The government hopes that investment projects like these will boost its economic growth rate to 7% per annum versus 5% this year. This latest announcement follows on from an Indonesian government report last November, which unveiled plans to invest $35 billion in new
    Read More
  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
    Read More

Highlighted Content