Iran to allocate over $24b to roads development
By Trend
The Iranian government is expected to allocate $24.2 billion (80
trillion rials) to 411 roads and urban development projects
according to the current fiscal year’s (starting Mach 20) budget
plan, an official said.
Amir Amini, an official with Iran’s Ministry of Roads and Urban
Development, has said that the country’s sixth development plan has
envisaged that privately-owned firms would contribute to the
construction of 5,000 kilometer long of free-ways and 1,000
kilometer of railways by 2021, IRNA news agency reported.
According to the official the government over the past four years
has invested about $14 billion (470 trillion rials) in developing
the country’s railroads.
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