Tehran invites BOT bids for rail stations

01 December 2003
State-owned Iranian Islamic Republic Railways (IIRR) has invited local and international companies to bid by 20 December for a contract to design, develop and operate several railway stations in the greater Tehran area. The project will be carried out on a build-operate-transfer (BOT) basis. IIRR is being advised by the local Faragir Managing Consultants.

The project will involve the construction of a new central railway station in Tehran, to be built on the existing 140,000-square metre site. The new station is also set to feature a range of service facilities. IIRR has also called for similar concepts to be implemented on a range of existing and new satellite stations to be located along the existing railway lines.

Under the scope of works, the successful BOT developer will be required to carry out the full design, development and operation of the stations. The contract will involve the marketing of the railways, upgrade of station services, development of a competitive business environment and implementation of modern technology and management techniques, as well as bringing on board local and foreign investors for operating the stations. The timeframe of the BOT contract has still to be determined.

IIRR and Faragir are in the process of selecting an engineering consultant for the stations' designs.

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