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China Likely to Fund Section-3 of Tehran-North Freeway Project

China Likely to Fund Section-3 of Tehran-North Freeway Project
China Likely to Fund Section-3 of Tehran-North Freeway Project

Negotiations with a Chinese company for the funding of Tehran-North Freeway’s third section have reached the final stage, a deputy minister of roads and urban development said.
“The construction of the freeway requires significant investments and we are looking for foreign financial resources. Once the funding is procured, the construction of this remaining section of Tehran-North Freeway will begin,” Kheirollah Khademi, who doubles as the CEO of the Construction and Development of Transportation Infrastructure Company, was also quoted as saying by ILNA.

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