TEHRAN- About 1,100 kilometers of freeways were inaugurated in Iran during the pat Iranian calendar year (ended on March 20), according to Kheirollah Khademi, the managing director of Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC).

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On March 10, CDTIC had signed 25 trillion rials (about $595.2 million) worth of deals with the private sector for joint construction of 439 kilometers of freeways across the country.

According to Khademi, domestic investors are going to finance the construction of six freeways which were the subject of the inked deals.

MA