Baku, Azerbaijan, Apr.11
By Fatih Karimov - Trend: Turkish firm will build the third subway line in Iran's northeastern city of Tabriz.
The Turkish company, named Bergiz, signed an agreement with Tabriz Municipality to build the subway line which will be 15 kilometers long, including 14 stations, Iran's IRIB reported on April 11.
The subway line starts at Tabriz Airport and connects to the Southern Ring Road passing through the city center.
In Dec. 2014, Ismet Tutumlu, CEO of Bergiz, said that the subway project will be completed for $850 million. ". We want to complete the project by 2017. "
Pointing out that Bergiz had been given the Tabriz-Bazargan Highway Project, one of the most significant highway projects in Iran, Tutumlu stated, "We signed a 255-kilometer-long highway project with Iran. The build-operate-transfer model will be used in the project, costing nearly $1 billion. Including the subway, the total cost will reach $1.8 billion."