TEHRAN – A Trade Promotion Organization of Iran (TPOI) official said here on Sunday that $500 million will be allocated to rail and air transportation infrastructures.

Mohammad-Amin Charosseh told MNA that the Oil Stabilization Fund (OSF) will finance the projects. The government has totally allotted $8 billion for domestic investments, exports, and technical and engineering services’ exports, of which $500 million will be earmarked for rail and air transportation sectors