People
0

Tehran Metro’s Line 10 Phase Requires Nearly $430 Million

Tehran Metro CEO Ali Emam says the construction of Line 10 requires 97 trillion rials ($429.2 million) in the first phase
Tehran Metro’s Line 10 Phase Requires Nearly $430 Million
Tehran Metro’s Line 10 Phase Requires Nearly $430 Million

The first phase of Tehran Metro’s Line 10, which runs across the western part of the capital city, needs 97 trillion rials ($429.2 million), the CEO of Tehran Metro Company said. 
During a ceremony to launch the phase on Wednesday, Ali Emam estimated that the construction of infrastructure will cost 77 trillion rials ($340.7 million) and the equipment will require 20 trillion rials ($88.5 million), IRNA reported. 
“The project has been split into five phases. The first phase would be 43 kilometers long, starting at Khalij-e Fars Square and ending at Ketab Square in the city's western outskirts”, he said. 
“Khatam al-Anbiya, the construction arm of the Islamic Revolution Guards Corps, Tehran Municipality and Tehran Metro Company are the contractors of the initial phase.” 
According to the official, the engineering firms Behro and Farbar are also executive consultants.
The newly designed Line 10 is the largest urban development project launched in the past several years.

Premium

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

Financialtribune.com