50,000 Billion Rials in Bonds and Urban Transport Credits Allocated to Isfahan with Government Support
The Deputy for Urban and Rural Development at the Interior Ministry announced approval of issuing 39,000 billion rials in bonds, with a 50% government guarantee, for the Isfahan Metro, and the allocation of 11,000 billion rials for the province's light rail. He said the government supports urban infrastructure development and securing the resources Isfahan's municipalities need.
The Deputy Minister of Civil and Rural Development and Urban Affairs announced the approval of the issuance of 39 thousand billion Rials bonds with a 50% government guarantee for the Isfahan Metro and the allocation of 11 thousand billion Rials for the urban train of this province and said: The government supports the development of urban infrastructure and the provision of resources needed by the municipalities of Isfahan.