Iran's rail, road projects total $15.5 billion
Azerbaijan, Baku, June 17/Trend M. Moezzi
There are 10,400 kilometers of railway projects currently underway in Iran and more than 8,000 kilometers of freeways and highways.
The country's most important railway projects include the Qazvin-Rasht line, the Khaf-Herat railway which connects Iran and Afghanistan and the Gorgan-Inche Boron line which connects Iran to Turkmenistan and Kazakhstan and is to be inaugurated in September, the Islamic Republic News Agency (IRNA) reports.
The government is providing $15.5 billion in funding for these projects and $2.8 billion of those funds will be raised through selling participation bonds.
By the time President Mahmoud Ahmadinejad's second term ends next year, Iran will have 28,000 kilometers of main roads, highways, freeways and railroads said Ahamd Sadeghi, deputy roads minister.