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Iran, Turkey ink investment agreement on Tehran's Imam Khomeini Airport

Minister of Roads and Transportation Ahmad Khorram said on Monday that the contract of the 193-million-dollar project on Imam Khomeini International Airport signed between Iran and a Turkish investor is being drawn up, IRNA reported from Tehran.

At the end of a meeting attended by the deputy ministers of road, experts and officials in charge of the project, Khorram added that according to the contract, the Turkish investor is committed to complete the project, including the second terminal, the airport hotel among other parts, in two years.

"The Turkish investor, who had earlier invested in Istanbul airport project, has pledged to implement the airport in the indicated period and deems it quite sufficient," he noted.

Turning to February 11, 2004 as the official inauguration date of Imam Khomeini airport, he looked forward to a proper implementation of the first phase of this national project, given that it is currently proceeding quite smoothly.

"Once the initial phase becomes operational, six million Iranian and foreign passengers will annually take flights through it.

Imam Khomeini Airport has been constructed on a 15,000-hectare area in Fashafouyeh near Shahr-e Rey along Tehran-Qom freeway.

A 1,000-hectare plot in the vicinity of the airport has been earmaked for construction of cultural, educational and sports facilities as well as greeneries.

Once the 'Sun-City' project is commissioned along the road leading to Imam Khomeini Airport, the environment and greeneries to the south of Tehran will undergo drastic change.

The first phase of the project, whose implementation will have a decisive role in Shahr-e Rey's economic boom and job creation in the city and the surrounding towns such as Robat-Karim, Islamshahr and Shahriar is expected to annually earn some 300 million dollars.

... Payvand News - 12/23/03 ... --

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