DukeofBread
GA Member
- Nov 2, 2024
- 421
| TYPE | Infrastructure |
| BUILDER | Iran |
| CLIENT | Iran |
| SITE LOCATION | Iran |
| SECTOR | Public Infrastructure |
| PROJECT NAME | I.T.T.I.M.P. |
| PROJECT COST | 4,000,000,000.00 |
| COMPLETION DATE | 02/11/2026 |
| PROJECT INFORMATION | I.T.T.I.M.P. stands for the "Iranan-Turkish Trade Infrastructure Modernisation Plan" and acts to modernize the infractsurcte in bording regions for trade and mobility between Turkey and Iran, following the agreed upon details in https://modernnations.com/threads/official-visit-eran.32273/ (see below) Smart Border Corridor – 600.000.000 USD - Upgrade Kapıköy–Razi, Gürbulak–Bazargan & Esendere–Sero border crossings - Install integrated truck scanners, digital trade documentation & automated customs systems - Reduce border crossing times (24–48h → 6–10h) and increase throughput by 2–3× Rail & Road Connectivity – 1.200.000.000 USD - Electrify and modernize the Van–Tabriz rail corridor - Expand dual-carriage highways - Build cross-border logistics rail terminals Energy & Gas Infrastructure – 1.500.000.000 USD - Modernize the Tabriz–Ankara gas pipeline - Increase pipeline capacity from ~10 bcm to 14–16 bcm per year Trade Infrastructure – 700.000.000 USD - Develop a joint customs fintech system with T+1 local currency settlement - Establish SME industrial clusters for textiles, automotive parts & electronics |
