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Tehran North Highway Parts 2 and 3
intraUrban
Cities
Tehran
✸ Iran (Islamic Republic of)
Distance
68km
new
68kmrehabilitated
– kmexisting
– kmCost
$2b
$2,000,000,000
Phases
planned,
Objective
Description
The Tehran–North Freeway was designed as a 121 km expressway divided into four sections. Its purpose is to provide a high-capacity connection between Tehran and the Mazandaran region on the Caspian Sea. The most difficult portions are Sections 2 and 3, which pass through rugged mountain terrain requiring extensive tunneling and bridge construction.History
On July 7, 2005, ICBC signed a $180 million export buyer's credit agreement with Tejarat Bank of Iran to construct Part 1 (Section 1) of the Tehran-North Highway (Freeway) Construction Project (as captured via Record ID#67090). The purpose of the project was to construct a 32 km highway segment that runs from an interchange with Azadegan Expressway and Hemmat Expressway in northwestern Tehran city (Municipality District 21) to Doab, Shahrestanak, Alborz Province. Construction of Part 1 began in February 2006. The project had achieved an 83% completion rate as of May 3, 2017 and was originally scheduled for completion in August 2017. However, it encountered multiple delays, and its expected completion date was eventually pushed back to February 2020. Section 1 ultimately opened for test service on February 12, 2020 and it officially opened on February 25, 2020.Finance
$2000000000 loan
Government of China
Government
Contractors
China Railway Tunnel Group
Company
China Shanghai Corporation for Foreign Economic & Technological Cooperation
Company
Federal Asia Shanghai Import & Export Co., Ltd
Company