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President Ebrahim Raisi on Thursday inaugurated 16 water and wastewater management projects worth 170 trillion rials (about $340 million) in the capital Tehran, IRNA reported.
The inauguration ceremony was attended by senior officials including Energy Minister Ali-Akbar Mehrabian. The inaugurated projects include three major water treatment projects and five drinking water transmission projects.
Also, on the sidelines of the mentioned ceremony, 14 contracts with a total value of 190 trillion rials (about $380 million) were signed with the country’s private companies to improve the country’s wastewater infrastructure. The mentioned contracts are signed to develop wastewater infrastructure in seven different provinces namely, Sistan-Baluchistan, Qom, East Azarbaijan, Isfahan, Markazi, Semnan and Fars.
Back in March, the managing director of the Water and Sewerage Department of Tehran Province said wastewater projects worth 120 trillion rials (about $240 million) were going to go operational in the capital soon. According to Abasali Moserzadeh, the projects included a monitoring center for buildings control, a wastewater monitoring and control center, the construction of the largest sewage relief post building in the capital, the largest and third biomass power plant in Tehran.
Iran’s Minister of Transport and Urban Development has announced that the government plans to connect the Chabahar port in southeastern Iran to the country’s railway network through the city of Zahedan by the end of the current Iranian year ( late March 2025).
The secretary of Iran’s Supreme Council of Free Industrial-Trade and Special Economic Zones said sea passenger lines are planned to be launched from Qeshm and Kish islands to the Sultanate of Oman and Dubai in the United Arab Emirates (UAE).
The Bank for International Settlements (BIS) put Iran’s total deposits with foreign banks and financial institutions at more than $13 billion.
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