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.
Road Structures Finance & Funding

Related Content

  • Road and bridge upgrades improving transport in Nepal
    November 1, 2019
    New road and bridge upgrades are being introduced in Nepal that will help improve transport and develop the country’s economy.
    Read More
  • New Moroccan motorways planned
    May 20, 2015
    Four new motorways are to be built in Morocco following approval being given passed by the country’s government. The projects will cost a total of US$3.22 billion in all. The new routes include a motorway between Safi, Marrakesh and Béni-Mellal over a distance of 356-422km and costing from $1.35-1.56 billion. MAD 13bn and MAD 15bn. The other major connection is a motorway between Agadir and Guelmin, set to cost anywhere from $727 million- $1.77 billion, depending on the route and technical constraints, with
    Read More
  • Australia roads alliance
    April 16, 2012
    A huge infrastructure programme is being planned at present for the Australian state of Queensland With an annual growth rate of around 3.2%, Queensland is the fastest growing state in Australia and has been for over a decade. The State attracts an average of 1,500 new permanent residents each week, 1,000 of whom move to the South East corner.
    Read More
  • Transport plans for Indonesia
    November 28, 2012
    Indonesia’s Government is setting a US$20 billion budget for transport and energy sector development. The Indonesian Government plans to build 559km of new roads as part of a new transport infrastructure programme. Indonesia’s capital Jakarta faces a growing problem due to severe traffic congestion, which is particularly intense at peak periods. Increasing vehicle numbers in the city mean that the existing traffic problem is fast getting worse. The authorities are looking at policies to address the issue.
    Read More

Highlighted Content