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Iran plans $2 billion of projects in five airports

Business Materials 2 October 2015 12:38 (UTC +04:00)

Baku, Azerbaijan, Oct. 2

By Fatih Karimov - Trend: Iran plans to introduce $2 billion of projects in five of its airports.

Gholam-Hossein Baqerian, the deputy director for planning and supervision in Iran Airports Company, said the projects would be introduced to investors in the first Iran Transportation and Urban Development Summit (ITUDS), which will open on Oct. 3, ISNA news agency reported Oct. 2.

The projects are related to the five international airports of Mehrabad, Shiraz, Mashhad, Isfahan, and Ahvaz, he noted.

Building terminals, parking spaces, infrastructure and CIP facilities, and hotels are the most important projects, he added.

Previously, Iranian Transport and Urban Development Minister Abbas Akhoundi said a total of 121 projects, worth €25 billion, will be offered to the investors at the summit.

He said the investment opportunities will be introduced in the eight sectors of rail transportation, road transportation, air transportation, marine transportation, urban development, energy saving, port industry and airport industry.

Iran plans to buy 400 passenger planes, worth about $20 billion, in the next 10 years.

Edited by CN

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