Economy, Domestic Economy
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Local Bank to Finance Iran's Mianeh-Ardabil Rail Project

Local Bank to Finance Rail ProjectLocal Bank to Finance Rail Project
An Iranian public bank has been chosen to finance the Mianeh-Ardabil railroad project worth 7.5 trillion rials ($178.57 million), the CEO of Iran’s Transportation Infrastructure Construction and Development Company said. “This is the first time a local bank has been trusted with financing a rail infrastructure project [in Iran]

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