Skip to main content

Iran highway deal for Italian firm

An Italian roads company will handle the programme for a major road construction and management project in Iran. Anas International Enterprise (AIE), a subsidiary of Italian state-owned firm Anas, is in charge of the work. This contract is for the construction and management of 1,200km of motorways in Iran. The package of works was awarded by the Iranian Ministry of Roads & Urban Development, with a projected cost of US$3.98 billion in all to construct all the routes required. A feasibility study is planned
July 18, 2016 Read time: 1 min
An Italian roads company will handle the programme for a major road construction and management project in Iran. 1184 Anas International Enterprise (AIE), a subsidiary of Italian state-owned firm Anas, is in charge of the work. This contract is for the construction and management of 1,200km of motorways in Iran. The package of works was awarded by the Iranian Ministry of Roads & Urban Development, with a projected cost of US$3.98 billion in all to construct all the routes required. A feasibility study is planned for the first of the new motorway routes. This will be for a 350km section of motorway, which should be ready for traffic by 2022. The motorway will then require a further 830km to be constructed, although the timeframe for this part of the project has not so far been revealed.

For more information on companies in this article

Related Content

  • Algerian highways deals done
    November 20, 2014
    Algeria’s national motorway agency (ANA) has revealed that the cost of the East-West motorway amounted to US$13 billion rather than the $12 billion originally planned. The cost of maintenance is between $23.65 million and $35.5 million/year. Before the end of 2015, road information signs providing real time information are expected to be set up. In all, 48 tollbooths and 22 maintenance and operation centres are already in place. The cost of the tolls have yet to be set. Meanwhile, the construction of a 120k
  • Senegal road development work planned
    March 14, 2022
    Road development work is planned for Senegal.
  • Brazilian authorities award tollroad package
    December 18, 2013
    The authorities in Brazil have awarded an important tollroad package for the BR-163 Federal Highway. This route runs through Brazil's mid-western state of Mato Grosso do Sul and the 30 year concession for the 847km of highway was won by tollroad firm CCR, according to Business News Americas. The concession package is worth some US$2.78 billion and was awarded on the basis of the low toll charges CCR will introduce on the route. The project requires widening the road along a 130km stretch within 12 months of
  • Italian road improvement works planned
    April 4, 2022
    Italian road improvement works are being planned.