Iranian investment in infrastructure

Iran’s Ministry of Roads and Urban Development has announced plans to develop over 3,500km of highways in the country. Funding is being provided by some US$570 million worth of bonds sold in the country during February 2013. Key highway links have been set out for construction, along with upgraded to existing road links.
March 11, 2013 Read time: 1 min
Iran’s Ministry of Roads and Urban Development has announced plans to develop over 3,500km of highways in the country. Funding is being provided by some US$570 million worth of bonds sold in the country during February 2013. Key highway links have been set out for construction, along with upgraded to existing road links.

Related Content

  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Mexico’s road development programme to continue
    January 3, 2019
    Mexico is setting a budget for road development works during the coming year. A budget of US$4.14 billion has been set for rebuilding existing roads and building new links during 2019. This budget has been set by the Mexican Secretariat of Communications and Transport (SCT). Projects being prioritised include the completion of Oaxaca-Puerto Escondido and Oaxaca-Mitla-Tehuantepec Isthmus roads. Maintenance work, link roads from highways to towns and upgrades to 5,500km of roads across the country will also b
    Read More
  • Russia plans major infrastructure investment
    May 4, 2012
    The Russian highway authorities intend to invest a massive €16.78 billion (US$24.23 billion) in road construction and repairs during 2011. This investment will come from federal and regional budgets and represents a 40% increase over spending made in 2010. The plans involve repairs to 5,500km of road surface at a cost of €2.11 billion ($3.046 billion).
    Read More
  • India investing in road infrastructure
    January 16, 2015
    The Indian Government has announced plans to build 7,300km of roads and 48 bridges. The programme is being handled by India's Ministry of Road Transport and Highways and is called the Road Requirement Plan (RRP) Phase-2. The new roads will be constructed in the so-called ‘red zone’. The project is expected to cost some US$1.72 billion, and it will include the construction of roads, highways and 48 bridges. The ‘red zone’ areas have been affected by left wing extremism, namely the Naxalites. As of January 20
    Read More

Highlighted Content