Iran invites Indian investment in projects worth $8 billion, offers stake in Imam Khomeini Airport
ET, Feb 17,’16
Iran has invited India to invest in infrastructure projects worth $8 billion following the lifting of the sanctions imposed by the West and offered the country a stake in expansion of the second phase of Tehran’s Imam Khomeini international airport. Besides, the Persian Gulf country has invited India to invest in the 220-km rail link between Rash and Astara in northwestern Iran which will complete the International North South Transport Corridor and make it operational by linking Iran with Central Asia and Eurasia. Iran has also invited India to construct a rail link between Masad in northeastern Iran and Herat in Afghanistan.