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Renovation of Tehran Old Cabs Needs $181m

Tehran City Council’s proposal for the renovation of all old taxis by March 2023 will only be possible with a budget of 50 trillion rials ($181.8 million)
Renovation of Tehran Old Cabs Needs $181m
Renovation of Tehran Old Cabs Needs $181m

The complete dilapidated taxi fleet in the capital city of Tehran can be renovated in 18 months, if 50 trillion rials ($181.8 million) are allocated to the project, Tehran Municipality’s deputy for traffic and transportation affairs said.
Manaf Hashemi added that the municipality is committed to renovate 10,000 cabs by the end of the current Iranian year (March 2022), which might cost 10 trillion rials ($36.3 million), IMNA reported.
“The budget is planned to be funded through a variety of sources, including the state coffers, Iran's Municipalities and Village Administrators, TM, Tehran’s traffic scheme revenue and savings from fuel price,” he added.
The official emphasized that Tehran City Council members are displeased with the plan's timeline and feel that all of the city's decrepit taxis could be replaced with brand new models in 18 months.
Hashemi stated that TCC's expectation is somewhat unrealistic given the available resources, and that the highest yearly renovation record is now 2,000. 

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