Khatam-ol Anbiya wins $2.5b railway tender
Iran's Khatam-ol Anbiya Construction Headquarters has won a tender worth $2.5 billion for the construction of railway network in Chabahar Free Zone, southeastern Iran.
Roads and Transportation Minister Hamid Behbahani told reporters on the sidelines of the opening ceremony of a maritime festival in Kish Island on Tuesday that the project will be carried out in three phases to reach the freight capacity of 20 million tons a year, the Mehr news agency reported.
Khatam-ol Anbiya is the main contracting arm of the Islamic Republic of Iran Guard Corps. Its various businesses include construction and oil extraction.
Ports and Maritime Organization of Iran, a Japanese-Iranian consortium, a Chinese-Iranian consortium, and three foreign companies had also taken part in the tender.