Iranian private sector invests $170 million in urban development projects in Ardebil

Business Materials 21 October 2013 21:29 (UTC +04:00)

Azerbaijan, Baku, Oct.21/ Trend, F. Karimov/

The private sector has invested 4.17 trillion rials (about $170 million based on the US dollar official exchange rate of 24,900 rials) in urban development projects in the northwestern city of Ardebil, IRIB reported.

The projects include establishing a gas station, creating a grass football field, and building a footbridge, costing a total of 1.85 trillion rials.

Renovating a historic bazaar and establishing a number of residential, commercial, and recreational complexes were among the projects.