Archive | Construction

India in talks to Develop Chabahar Port

India’s Transport and Shipping Minister Nitin Gadkari said he has held talks with Iranian officials on a range of issues, including the development of Iran’s port of Chabahar. Gadkari said that during his recent trip to Tehran, he held talks with Iranian officials on a wide range of issues, including developing Chabahar Port and funding […]

€3bn Siemens Credit Line on the way

By John Lee. Germany’s Siemens is reported to be preparing to provide 3 billion euros in financing for rail and power projects in Iran. Deputy Minister of Road and Urban Development for International Affairs, Asghar Fakhriyeh-Kashan, said on Tuesday: “Through financing a number of construction projects, Siemens plans to enter into a joint venture with […]

Chabahar Port Signs Deal with India Ports

India Ports Global Private Limited (IPGPL) has reportedly signed a contract with Aria Banader of Iran to equip and operate two terminals at Chabahar – Shahid -Beheshti Port for transportation of goods and other purposes. IPGPL is a joint venture between Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT). According to the report […]

easyHotel to deliver 500+ new Hotel Rooms in Iran

By John Lee. UK-based easyHotel, the owner, developer and operator of “super budget” branded hotels, has announced that it has signed a Master Development Agreement with 3SV Limited to develop the easyHotel brand across multiple sites in Iran. The Iranian Tourism industry has seen significant growth in recent years with the Government outlining ambitious plans […]

IRGC Engaged in Development Plans across Iran

Commander of the Islamic Revolution Guards Corps (IRGC) said his forces are actively involved in development plans all over the country, saying the IRGC sees no limits to its role in helping create jobs and improve the livelihood of people should the administration prepare the grounds. The IRGC has its roots in people and the […]

Iran plans High-Speed Rail Links

By John Lee. Iran Railways says it has signed a preliminary agreement with the Italian state-owned Ferrovie dello Stato (FS) to build two high-speed links in Iran. The lines will run between Qom and Arak, and between Tehran and Isfahan. According to the report from Associated Press, Iran signed an $8 million deal with French company […]

Finnish Co to supply Gas Power Plants to Iran

The Finnish technology group Wärtsilä will supply engineering and equipment deliveries for two baseload power plants to Iranian energy companies Baran Niroo Beshel Co. and Tamin Niroo Saam Co. This is a breakthrough project as Wärtsilä is supplying the first decentralised power plants of its kind to Iran, showing results from our efforts to support […]

Italy’s Eusider agrees Iran Ferrosilicon Deal

By John Lee. Italy’s Eusider has reportedly signed a long-term agency agreement with Iran’s biggest ferrosilicon producer. According to PressTV, the exclusive distribution agreement with Iran Ferroalloys Industries Company (IFI) would give Eusider “the right space to market” Iranian ferroalloys, the company said. Based in Azna in Lorestan province, IFI is the first and biggest Iranian […]

MPs to Examine Water Supply Problems

MPs to Examine Water Supply Problems Created by Neighbors Iranian lawmakers plan to establish “the water security committee” to examine the issue of building dams on rivers flowing into Iran by some neighboring countries, a member of the parliament’s National Security and Foreign Policy Commission announced. Speaking to the Tasnim News Agency, Abolfazl Hassanbeigi said […]

Iran Welcomes S. Korean Investments in Energy, Railroad

Iranian Parliament Speaker Ali Larijani reiterated the country’s willingness to promote relations with South Korea in all spheres, saying the Islamic Republic welcomes investments from the East Asian nation in energy and railroad sectors. Speaking at a meeting with his South Korean counterpart on the sidelines of the second annual meeting of parliament speakers of […]