Private Investors Eager to Fund New Tehran Subway Extension

Private investors have expressed willingness to fund the extension of Tehran Metro to District 22 in the western flank of the capital.
Early this week, Mohsen Pourseyyed-Aqaei, managing director of Transportation and Traffic Organization of Tehran Municipality, met Ali Nozarpour, the mayor of District 22, and Ali Emam, Tehran Metro’s CEO, and a group of private investors.
During the meeting, a newly-mapped subway extension, Line 10, which is to cross District 22, was reviewed. The investors agreed to financially support the construction of the subway line after preliminary studies are conducted and the plan is finalized, Hamshahri Online reported.