Spanish Firms Considering Projects in Iran

IRNA reports that Spanish companies have begun analyzing tenders for participation in infrastructure and development projects in Iran to be implemented in the course of the next year.

According to Spainish political daily The Diplomat, Iranian officials have declared the country’s readiness for partnership with foreign firms in 121 infrastructure and development projects worth more than 25 billion euros in the year 2016.

The projects proposed to international investors are intended to improve Iranian infrastructures throughout the country, including railways, roads, airports and ports.

The daily also wrote that the projects and conditions for partnership in them were proposed at the 2015 Transportations and Urban Development Conference attended by over 800 Iranian delegates and representatives of more than 150 foreign companies.

It added that among the participants in the conference were representatives of the companies that had in early September accompanied three Spanish ministers in their visit of Tehran.

(Source: IRNA)

Picture: Iranian Petroleum Minister Bijan Zangeneh and Spanish Industry, Energy and Tourism Minister Jose Manuel Soria on Monday. Credit: Shana.

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