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Tehran Municipality: Traffic Scheme Revenues Used for Subway Network Development

Since March, 185 billion rials ($1.4 million) of the revenues of Tehran’s traffic schemes have been allocated to its subway projects
Tehran Municipality: Traffic Scheme Revenues Used for Subway Network Development
Tehran Municipality: Traffic Scheme Revenues Used for Subway Network Development

Tehran Municipality is using revenues from traffic schemes for financing the capital’s subway network expansion.
The municipality’s Transportation and Traffic Organization chief said that since the beginning of the current fiscal year (March 21), 185 billion rials ($1.4 million) from the revenues of traffic schemes have been allotted to the city's subway projects.
According to Mohsen Pourseyyed-Aqaei, TM is paying his share to boost subway construction in the metropolis and the new form of investment in these projects will lead to more sustainable development.
The TTO chief said detailed reports on TM’s revenues from traffic schemes currently implemented in Tehran and its expenditure will soon be posted on the municipality’s website, ISNA reported.
Currently, three traffic schemes are underway in the capital, including Air Pollution Reduction, Air Pollution Control and the so-called Traffic Scheme. Each enforces different rules and restrictions on vehicles plying the capital’s streets to ease air pollution and traffic congestions, and fines drivers guilty of violating these rules.

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