Iran Airport Investment Outlook: A market with enormous potential
Iran Airports Holding Company (IAHC), a state-owned enterprise under Iran's Ministry of Roads and Urban Development, plans to undertake a significant amount of airport development over the next 15 years. Projects are planned to take place in Mehrabad, Esfahan, Tabriz, Mashhad, Shiraz and the plan includes new airports in Ahvaz and Bushehr.
Even before the now-formality of lifting of sanctions (after a positive announcement by the IAEA on 15-Dec-2015), Iran has had annual passenger traffic of 47 million through 67 airports, with traffic growth of 6% per annum Speaking at the CAPA Asia Aviation Summit in Singapore on 23-Nov-2015, Ahmadreza Bayati Doosti, IAHC Deputy International Cooperation, said that approximately USD3 billion in investment opportunities were available in airport infrastructure during 2016.
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