Private sector to fund $556m for construction of freeways across Iran

March 10, 2018

TEHRAN – Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC) signed 25 trillion rials (about $556.3 million) worth of deals with the country’s private sector for joint construction of 439 kilometers of freeways across the country.

According to Kheirollah Khademi, the managing director of CDTIC, domestic investors are going to finance the construction of six freeways which were the subject of the inked deals.

EF/MA

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