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.
Road Structures

For more information on companies in this article

Related Content

  • New Zealand’s Waterview project is moving closer to completion
    December 13, 2016
    New Zealand’s biggest road project is less than a year away from completion, and a lot of progress has been made since World Highways last looked at the project two years ago - Mary Searle Bell reports New Zealand’s Waterview project is moving closer to completion and will be the largest road project in the country. The NZ$2 billion Western Ring Route will see the creation of an alternative motorway to State Highway 1, which runs through the centre of Auckland. The 47km-long motorway will allow a large p
    Read More
  • Sri Lanka's new highway - on track
    February 14, 2012
    Work is progressing on-track on Sri Lanka's Southern Expressway project. This will be the country's first expressway and is expected to be completed by 2012, removing the bulk of traffic from the existing coastal road that is highly congested and also has serious safety issues.
    Read More
  • New €148 million port link for Italy
    February 9, 2024
    A new €148 million port link is planned for Ancona in Italy.
    Read More
  • Firms urged to change Qatar infrastructure contract tender approach
    July 16, 2012
    Foreign companies aiming to deliver lucrative infrastructure projects in Qatar will need to reconsider their tender process approach, according to experts assembled at the MEED Qatar Infrastructure Projects conference in London. Participating speakers said international contractors need to be more strategic about their business development practices in the Gulf state and act more transparently during the bid phase to improve tender conversion rates.
    Read More

Highlighted Content