Financial and Banking News
Iran Seeks Foreign Investment For Tehran Underground Railway
Iran hopes that China will invest $300mn in Tehran's underground railway,according to the head of the railway authority, Mr. Asghar Ebrahimi. The totalcost of completing the underground is put at $670mn. Mr. Ebrahimi made hisremarks during a visit to the railway by Chinese Vice Premier Li Lanqing. Iranhopes that Korean and European companies will also be willing...