...

Iran to construct Middle East's biggest sports, entertainment port

Business Materials 14 December 2014 12:30 (UTC +04:00)

Tehran, Iran, Dec. 14

By Milad Fashtami - Trend:

Iran plans to construct the biggest sports and entertainment port in the Middle East in Noshahr port city, located in the northern Mazandaran province.

The private sector will fund the project, Iran's Mehr news agency reported on Dec. 14.

The port is expected to come on stream at the cost of 10 trillion rials (some $312.5 million based on the exchange rate of US dollar at the free market).

The project will include several 5-star hotels, shopping centers, and docks.

A fish hatchery with the capacity to farm 20,000 metric tons of fish will also be constructed as part of the project.

Tags:
Latest

Latest