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Mining Development Projects Worth $1.6b Come on Stream

EghtesadOnline: Major mining development projects with an investment of $1.6 billion were inaugurated by President Hassan Rouhani via videoconference in Kerman Province on July 8.
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Publish Date: 10/July/2021 | 14:46

Iran's Next Transportation Budget at $872m

EghtesadOnline: A total of 118.18 trillion rials ($872.17 million) have been allocated for the transportation sector in the next fiscal year's (March 2020-21) budget bill, of which 95.3% will be spent on development projects and 4.7% on operating expenses.
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Publish Date: 16/February/2020 | 05:11

New Development Projects Launched at Tehran Airport

EghtesadOnline: Seven construction and renovation projects have been launched at Tehran’s Mehrabad International Airport with 700 billion rials ($5.14 million) of government investment.
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Publish Date: 15/September/2018 | 05:19

Growth Owes to Allocation of Loans to Private Sector, Development Budget

EghtesadOnline: The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing units of the private sector and allocation of 435 trillion rials ($10.11 billion) to development projects.
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Publish Date: 28/July/2018 | 04:53

Growth Owes to Allocation of Loans to Private Sector, Development Budget

EghtesadOnline: The 4.3% economic growth for Iran confirmed by the International Monetary Fund in its April report is thanks to the allocation of 190 trillion rials ($4.41 billion) in loans to the manufacturing units of the private sector and allocation of 435 trillion rials ($10.11 billion) to development projects.
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Publish Date: 28/July/2018 | 04:53

Gov’t Can Borrow €3.4b From NDFI

EghtesadOnline: The government can withdraw €3.4 billion from the National Development Fund of Iran in the next fiscal year (starts March 2020), to finance development projects.
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Publish Date: 24/December/2019 | 24:39

Water Paucity Taking Toll on Development Projects

EghtesadOnline: Petrochemical, fertilizer and refinery projects with annual capacity to manufacture 5 million tons are facing rough times and some have been put on hold as the water problems worsen.
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Publish Date: 10/November/2019 | 13:07

$26m Worth of Bonds to Fund Kish Infrastructure Projects

EghtesadOnline: The Securities and Exchange Organization has given the go-ahead to the High Council of Free Zones to issue 3,000 billion rials ($26.2 million) worth of sukuk (Islamic debt securities) to finance development projects in Kish Free Trade Zone, which could rise to 10,000 billion rials ($87.3 million), Secretary of High Council of Free Zones Morteza Bank said.
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Publish Date: 02/September/2019 | 10:49

Only Development Projects to Get Oil Revenues in Iran's 2020-21 Budget

EghtesadOnline: Oil revenues are generated from selling the country’s capital assets and should be spent on augmenting capital assets, such as development projects, the head of Plan and Budget Organization, Mohammad Baqer Nobakht, said.
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Publish Date: 01/September/2019 | 09:32

ICT Projects Worth $15.5m Come on Stream

EghtesadOnline: ICT infrastructure development projects worth 1.7 trillion rials ($15.5 million) were inaugurated in the northern provinces of Mazandaran and Gilan on Thursday.
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Publish Date: 31/August/2019 | 10:30

Iran Ready to Engage in CICA Development Projects

EghtesadOnline: Iranian traders, industrial companies and exporters of engineering and technical services are ready to cooperate in the development projects of the member states of the Conference on Interaction and Confidence-Building Measures in Asia (CICA), President Hassan Rouhani said.
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Publish Date: 16/June/2019 | 24:02

$230m From NDFI for Development Projects

EghtesadOnline: The National Development Fund of Iran, the country’s sovereign wealth fund, has signed a contract with the Export Development Bank of Iran to augment development projects worth $230 million.
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Publish Date: 11/June/2019 | 10:10