VOL. XXXVI

NO. 41

12-JULY-1993

Financial and Banking News

REGIONAL FINANCING

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...