Skip to main content

Iran freeway project being planned

Funding for a major freeway project in Iran could come from foreign sources. The Tabriz-Marand-Bazargan freeway looks likely to be built using foreign investment. A plan for the project has been approved by the Organisation for Investment, Economic and Technical Assistance of Iran (OIETAI). This new freeway forms part of a larger programme of road and highway construction in Iran. The aim is to increase the total length of freeways across the country from the present 2,360km to 5,200km in the next four year
June 24, 2015 Read time: 1 min
Funding for a major freeway project in Iran could come from foreign sources. The Tabriz-Marand-Bazargan freeway looks likely to be built using foreign investment. A plan for the project has been approved by the Organisation for Investment, Economic and Technical Assistance of Iran (OIETAI). This new freeway forms part of a larger programme of road and highway construction in Iran. The aim is to increase the total length of freeways across the country from the present 2,360km to 5,200km in the next four years. Some US$1.25 billion of foreign investment will be required to deliver the programme of works.

Related Content

  • Brazil launches Projeto Crescer privatisation plan
    September 21, 2016
    Motorways are among the 25 infrastructure projects that Brazil’s new president, Michel Temer, intends to privatise in an attempt to revive the flagging economy. Other projects in the Projeto Crescer - Project Growth – plan include airports, rail lines, sewage systems, energy distributors and gas and oil fields. All the projects should be in majority private hands by 2018, he said during the announcement. “We will increasingly show that the government cannot do everything. We need to have the presen
  • Infrastructure investment plans established for Western Balkans nations
    December 5, 2013
    A €10 million contract from the European Commission will form the basis of work to strengthen essential infrastructure development across the Western Balkans. A consortium led by Mott MacDonald, and including WYG and WS Atkins has been awarded this contract to carry out the engineering consultancy work required for the infrastructure expansion. This is an extension to an earlier contract awarded last year to provide technical assistance as part of the Infrastructure Projects' Facility (IPF) of the Western B
  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • The IRF India Regional Conference is seeing its 9th edition this year
    July 7, 2015
    The IRF Geneva said that India has the dubious distinction of claiming the highest number of fatalities by road crashes. More than 10% of road-related deaths occur in India alone, and this poses a serious challenge, being the major killer of young and productive lives. While India’s infrastructure programme is being lauded all over the world and high rate of growth has been achieved for the 1.25 billion strong democracy, a significant 3% of the GDP is lost every year due to the uncontrolled and unmanaged