Iran freeway project being planned

Funding for a major freeway project in Iran could come from foreign sources. The Tabriz-Marand-Bazargan freeway looks likely to be built using foreign investment. A plan for the project has been approved by the Organisation for Investment, Economic and Technical Assistance of Iran (OIETAI). This new freeway forms part of a larger programme of road and highway construction in Iran. The aim is to increase the total length of freeways across the country from the present 2,360km to 5,200km in the next four years. Some US$1.25 billion of foreign investment will be required to deliver the programme of works.