RetrofitTech Dubai
 
Wednesday, October 18, 2017
Directory Directory Subscribe
Login
 

Iran seeks foreign investment for new $2 billion Iran-Turkey railroad project

 
 

Please, enter data

Please, enter data

Trend News, 29 March 2016

Iran plans to attract foreign investment for Tabriz-Bazargan-Kars railway project, Tohid Akhlaghi, head of East Azerbaijan Province Department of Roads and Urban Development said.

The feasibility study on the project which will link Iran’s Tabriz city to Turkey’s Kars was done the last fiscal year (ended March 20), Akhlaghi said, Fars news agency reported March 29.

He further said that the necessary licenses for starting the project will be received during the current Iranian fiscal year.

The Iranian official further said that his department pursues finalizing the agreement for construction of Tabriz-Bazargan highway which will be implemented by participation of a Turkish investor.

Turkish company of Bergiz Insaat is to implement 65 percent of the project and the rest will be constructed by the Iranian government.

The highway which covers 253 kilometers is planned to connect the cities of Tabriz and Marand in East Azerbaijan province to West Azerbaijan’s city of Bazargan near the Turkish border. Bazargan border crossing is a major route through which Iran and Turkey trade.

The project which will be constructed in four phases is estimated to need $2 billion worth of investment.

A preliminary agreement for investment in the project was signed last year between Iran’s Ministry of Roads and Urban Development and Turkish Bergiz Company.

Akhlaghi said that the highway will be constructed within five years once the final agreement is signed.
Trend News
29 March

  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

Qatar made great strides in achieving food security: Official
The Peninsula, 16 October 2017

Qatar made great strides in achieving food security: Official
Egypt to become biggest exporter of dates within years: executive director of FEC
Daily News, 16 October 2017

Egypt to become biggest exporter of dates within years: executive director of FEC
Booming small businesses can buttress tourism in Iran: official
Tehran Times, 16 October 2017

Booming small businesses can buttress tourism in Iran: official
Qatar to provide Global Dryland Alliance's budget for two years
KUNA, 15 October 2017

Qatar to provide Global Dryland Alliance's budget for two years
Back to Home Page 1666 --- 0 <><><> 421.66666666667.....exvideo=0....eximage=0
P 0
BR 18

RetrofitTech Dubai

 
2nd Annual Smart Parking KSA
24 - October 2017
Kuwait Infrastructure Week
29 - October 2017
4th Annual Future Landscape & Public Realm Qatar
30 - October 2017
2nd Annual RetrofitTech KSA
6 - November 2017
Water & Wastewater Oman Conference
6 - November 2017
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Dubai Green Hotel Innovation

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Hospitality Qatar - 7 November - 9 November 2017  
  HQ - Food Qatar - 7 November - 9 November 2017  
  LightingTech Abu Dhabi - 4 December - 5 December 2017  
  Project Qatar - 7 May - 10 May 2018  
  Qatar StoneTech - 7 May - 10 May 2018  
  Heavy Max - 7 May - 10 May 2018  
  Qatar Hospital Build - 7 May - 10 May 2018  
  Qatar School Build - 7 May - 10 May 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Heavy Max
Hospitality Qatar
HQ - Food Qatar
Project Qatar
Qatar Hospital Build
Qatar School Build
Qatar Sports Infrastructure
Qatar StoneTech
Iraq
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2017 - © All rights reserved