Business And Markets

Iran Mall’s 1st Phase Takes Off

A massive all-Iranian project that has been in the works for about six years  and includes cultural, commercial and religious facilities among others is having its first unveiling on May 1 in Tehran's District 22
The first phase of Tehran’s ambitious Iran Mall project is slated for first launch on May 1.The first phase of Tehran’s ambitious Iran Mall project is slated for first launch on May 1.
The Iran Mall Commercial Company, the Ayandeh Bank-owned firm constructing the project, is a publicly traded company established under the license of Central Bank of Iran and the Money and Credit Council, Iran’s top financial decision-making body and its

Iran Mall, an all-Iranian monumental project slated to be one of the world's top five commercial and cultural complexes and the biggest in the Middle East, is to have its first of the two phases launched today.
The event coincides with the eve of the birth anniversary of Imam Mahdi, the last Shia Imam (May God Hasten His Reappearance), and the International Workers' Day.  
According to its developers who addressed a press conference on Sunday, the multi-purpose commercial, cultural, religious and recreational complex's first phase is spread over an area of 1.4 million square meters, including 300,000 square meters occupied by commercial and manufacturing units. 
When the project becomes fully operational, the total targeted area will be 1.95 million square meters.


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I could not find any reference to the costs?
Sir,,, is it Tehran??

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