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

  • IRF announces the winners of its 2019 Global Road Achievement Awards
    February 13, 2020
    IRF has announced the winners of the 2019 IRF Global Road Achievement Awards, a global competition to recognise outstanding achievement by road professionals.
    Read More
  • New highway infrastructure planned for Nepal
    March 18, 2014
    Interest is said to be strong for a key highway project in Nepal. The project to build the US$1.02 billion Kathmandu-Tarai Fast Track route has attracted interest from China in the shape of the China Infrastructure Investment Corporation (CIIC) and from India with Reliance Infrastructure, and Shapoorji Pallonji. The 76km highway will commence at Khokana and connect capital Kathmandu with Nijgadh. Should CIIC win the deal it has said it will source funding from China’s Exim Bank. The project has been hit by
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More
  • Ecuador’s president Correa announces Strategic Mobility Plan
    November 15, 2016
    President of Ecuador, Rafael Correa, announced that the national government will implement the Strategic Mobility Plan until 2030, which will require public and private investments of USD 38bn (EUR 33.83bn). The Minister of Transport and Public Works, Boris Cordova, further added that the primary objective of the initiative will be to expand some of the national routes and to convert them into motorways, in order to accommodate the mounting logistical needs of the growing national economy. With the projects
    Read More

Highlighted Content