Unfinished Projects for Private Sector Handover

EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture, in conjunction with the Planning and Budget Organization of Iran, has released a comprehensive list of unfinished government projects ready for transfer to the private sector.

News ID: ۷۸۰۴۷۹

18 November 2017

The list includes 1,049 unfinished projects at the national level and 2,886 projects at the provincial level, ICCIMA's news portal reported.

There are 27 development projects in Iran, which will take more than 41 years to complete, 44 projects will require between 31 and 40 years, 284 projects to take between 21 and 30 years, 658 projects will last for between 11 and 20 years and 755 projects without a timeline across the country, director general of the Supreme Audit Court of Iran, Adel Azar, told the parliament on Monday.

“For these projects to become operational, as much as 5,080 trillion rials ($127 billion) are needed at the national level and 490 trillion rials ($12.25 billion) at the provincial level,” Financial Tribune quoted him as saying.