TEHRAN- Iran plans to introduce 15 airport projects to the investors in the first Iran Transportation and Urban Development Summit (ITUDS), according to an Iranian aviation official.

Gholam-Hossein Baqerian, the deputy director for planning and supervision in Iran Airports Company (IAC), said the projects, worth $2 billion, are planned to develop five airports in the cities of Tehran, Shiraz, Mashhad, Isfahan and Ahwaz, the ISNA news agency reported on Wednesday.

The projects include construction of airport hotels, VIP salons, terminals, parking lots and infrastructural installations, the official stated.

He said ITUDS provides a very proper opportunity to introduce different transport and urban development projects to the investors.

He anticipated that the investors will welcome the projects, as the investment packages offer many incentives.

ITUDS is estimated to be attended by 800 Iranian and 150 foreign participants. 

Iranian Transport and Urban Development Minister Abbas Akhoundi says 121 projects, worth €25 billion, will be offered to the investors at the summit. 

He said the investment opportunities will be introduced in the eight sectors of rail transportation, road transportation, air transportation, marine transportation, urban development, energy saving, port industry and airport industry.  

MA/