Foreign firms ready to invest in domestic airports

TEHRAN, Jan. 25 (MNA) – Iran’s deputy road minister said French, Chinese and Italian companies have expressed eagerness to invest in various Iranian airports.

Deputy Minister for International Affairs at the Ministry of Road and Urban Development Asghar Fakhrieh Kashan noted that the path for international cooperation has become clear with the removal of sanctions; “previously reluctant aircraft manufacturers, have now announced willingness to launch negotiations with Iran with the hope of signing formal contracts.”

“Italy’s ATR Company, Canada’s Bombardier Inc. and France’s Airbus are among the firms who seek to seal a deal with Iran,” he underlined.

The official reminded that “also in the airport section, French, Chinese and Italian companies have made correspondences expressing readiness to make investments in Imam Khomeini, Mashhad, Shiraz and Ahwaz airports.”

“The exact amount of investment would not be specified until the projects’ specifications are negotiated while the value for Imam Khomeini International Airport (IKIA) and Mashhad airports are envisaged to be 900 and 300 million dollars, respectively,” he continued.

Fakhrieh Kashani went on to add that “some firms from France, Italy and South Korea have also declared inclination to conduct talks in the field of railroad transit.”

Touching upon road transit issue, the official said “countries like Bulgaria, Slovakia, Armenia and Georgia seek to form joint routes with Iran for goods transfer purposes.”




News Code 113868


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