TEHRAN, Iran, April 6. China is ready to invest $1 billion in some infrastructure projects in Mazandaran Province, said Deputy Coordinator of Economic Affairs Hassan Kheyrianpour, Trend reports citing IRNA.
"The China State Construction Engineering Corporation (CSCEC) has expressed readiness to invest in some important infrastructure projects in line with the 25 years Iran China agreement," he said.
The official went on to say that the following company is active in infrastructure, railway, ports, dams, and construction and is ready to invest in many infrastructure projects in Mazandaran Province.
The Chinese company is expected to invest in East-West Freeway Project in four phases as part of its investment in Mazandaran Province.