Iran’s President Allocates US$ 500 Million from NDFI for Rail Leasing

Posted on 12/27/2017

Iran President Hassan Rouhani has approved the transfer of US$ 500 million from the National Development Fund of Iran (NDFI), one of the Islamic Republic’s sovereign wealth funds, for the creation of a rail leasing company that will provide financing to local investors in the country’s rail projects. Preparations for the company’s launch are expected […]

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