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

  • 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
  • US$15 billion West African highway link
    January 13, 2025
    Work will start for a US$15 billion West African highway link.
  • Bolivia’s new highway
    October 10, 2017
    Bolivia’s new highway will provide better access into mountain areas – Mauro Nogarin writes At the beginning of 2015, work began on the construction and paving for the Tupiza - Atocha - Uyuni highway project. The route is located in Bolivia’s Potosí department: it is 189m in length and forms part of the Southwest Basic Road Network (RVF) of Bolivia. The completion of this important route is requiring funding worth US$150 million, of which 72% is being delivered through loans from the European Investment
  • Indonesia plans $490 billion infrastructure spend over the next five years
    October 8, 2014
    According to the government of Indonesia, US$490.7 billion (IDR 6,000 trillion) will be needed in the next five years for a series of major infrastructure projects across the country including roads, bridges, power plants, ports and airports. The government hopes that investment projects like these will boost its economic growth rate to 7% per annum versus 5% this year. This latest announcement follows on from an Indonesian government report last November, which unveiled plans to invest $35 billion in new