Infrastructure Investment Program Launched
The government announced a USD 50B five-year infrastructure plan with explicit PPP and BOT slots reserved for foreign sponsors.
Iran's Plan & Budget Organisation released a USD 50B five-year national infrastructure plan covering transport, energy transmission, water, and digital connectivity. Unlike prior plans, this round earmarks an explicit USD 14B tranche for delivery through PPP, BOT, and BOOT structures open to foreign sponsors.
Sector allocation
- Transport (rail, ports, roads): USD 18B
- Energy transmission & grid: USD 12B
- Water (desalination, treatment, transfer): USD 8B
- Digital connectivity (backbone, data centers): USD 7B
- Urban & social infrastructure: USD 5B
Foreign-sponsor pathways
The plan formalises three entry routes: (1) BOT concessions of 18-25 years with sovereign offtake; (2) availability-payment PPPs with municipal counter-parties; and (3) equity participation in special-purpose holding companies for hub projects. All three pathways qualify for FIPPA coverage and NIMA-rate FX convertibility on operating cash flows.
First wave of tenders
Eight pilot tenders representing ~USD 3.2B will launch in Q2 2025, weighted toward rail electrification, the second phase of the INSTC corridor at Chabahar, and three desalination concessions on the Persian Gulf coast. The procurement window for international pre-qualification is 90 days from formal tender publication.
