VOL. XXXVI

NO. 26

29-MARCH-1993

IRAN

Qeshm Authority Awards Contract for Gulf Bridge

The Qeshm Free Zone Authority has awarded a $100mn contract to Sante TradingCompany of Cyprus and the UK's Acer Group to design, develop, finance andconstruct a 2.5 km.-long bridge that will connect Qeshm Island with mainlandIran by road and rail. Sante Trading will act as financiers and developers ofthe project, and Middle East Trading Company, based in the Isle of Man, has beenappointed financial consultants....