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Iran allocates $65M to road safety projects

Business Materials 10 November 2014 11:30 (UTC +04:00)

Baku, Azerbaijan, Nov.10

By Fatih Karimov - Trend: The Iranian cabinet has allocated 2 trillion rials (about $65 million) to road safety projects.

The budget will be used to buy road construction machinery and repair damaged roads and transport infrastructures, Iran's IRNA news agency reported on November 10.

In April, Iranian deputy health minister, Ali Akbar Sayyari, said that traffic accidents leave on average 52 people dead every day in Iran.

He added that some 800,000 people are being hospitalized every year due to car accidents, Iran's Tasnim news agency reported.

The rate of traffic accidents in Iran is around 20 times the world average, according to a 2012 report by UNICEF.

Traffic fatalities cost Iran's economy about $6 billion every year, the report said.

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