Move Toward Efficient Funding of Tehran Metro

Tehran Municipality and Tehran City Council have introduced measures to make the capital subway system more cost-efficient and finance expansion projects
Tehran metro transports 40 million people on a monthly basis.Tehran metro transports 40 million people on a monthly basis.
The measures include a significant increase in subway ticket prices and issuance of 20 trillion rials ($377 million) worth of bonds to finance construction and expansion of lines 6 and 7 of the subway system

In an effort by Tehran City Council to cut losses and compensate for a small segment of funds required for manning and maintaining the capital’s expanding subway system, train fares are to see a rise in the coming weeks.
Higher subway ticket prices will be implemented as of April 21, according to a directive issued by the city council and ratified by the governorate.
Inner-city ticket prices will rise from 8,000 rials (15 cents at the Sunday rate on the open market) to 10,000 rials (18 cents). Passengers will be charged 75,000 rials ($1.4) in the line connecting Imam Khomeini International Airport to the city and the Tehran-Karaj ticket will cost 10,000 rials (18 cents), as reported by IRNA.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment