TEHRAN – The head of Iran Airports Company (IAC) has said 200 investment projects worth 400 trillion rials (about S800 million) have been defined for the country’s airports and are ready to be presented to interested investors.

Speaking in a press conference on Tuesday, Reza Nakhjavani said a comprehensive roadmap has been compiled for the development of the country’s airports, IRNA reported.

Referring to the plans for the development of Mehrabad Airport as the hub of domestic flights in the country, Nakhjavani said: “In the Seventh National Development Plan, it was proposed to transfer the maximum number of flights from this airport to Imam Khomeini Airport, but the proposal was rejected by a decisive vote of 95 percent of the parliament members.”

“Currently, the primary studies on the development of this airport (Mehrabad) with an area of 120,000 square meters have been completed, and the estimated budget for completing the project is 300 trillion rials (about $600 million),” he said.

According to Nakhjavani, the mentioned will be provided from the IAC internal resources and the company doesn’t need government funding.

“Now the country's airports are in favorable conditions and even if domestic flights increase, we will be able to provide optimal services,” the official added.

EF/MA