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billion investment for the development of Shahr-e Aftab / the CEO of Tehran municipality investment organization explained the details of investing in Shahr-e Aftab

The investment and public participation organization is obliged to invest 10000 billion tomans in Share Aftab exhibition, which should be done this year.

According to the public relations and international affairs of the Share Aftab exhibition, Shokrolah Banar the CEO of the investment organization and public participation of Tehran municipality, in an interview with the Shahr correspondent, announced plans to invest 10000 billion tomans in Shar – e Aftab and said: According to waver 19 of the 1399 budget of Tehran mayoralty, the investment and public participation organization is obliged to invest 10000 billion tomans in Share Aftab exhibition, which should be done this year.
According to his announcement, tree exhibition halls and the main hall will be designed and built which includes exhibition halls worth approximately 6000 billion tomans, the construction and completion of the accommodation center of the hotel No2, construction and completion of the accommodation center of the hotel No1, construction and completion of the self – cantering apartment center and the global trade center No2. Which are the Projects that the investment organization must complete.

explaining that the investment plans of Shar-e Aftab have been submitted to the Tehran city council according to waver 19, Banar , said: in addition to this model of e investment , other models are have also been planed that go beyond waver 19 and are conducted independently by the investment and public participation organization.
starting the project in 2022, for the first time in the municipality of Tehran , new plans, which are beyond common capacity, were proposed for investment section he explained that: based on this year’s budget of Tehran municipality, it was determined that investment and public participation organization provides 10% of this budget, that is, 4/880 billion tomans is the organization’s share in providing liquidity for the 1400 budget.

The CEO of Tehran investment organization, referring to waver 19 of the budget of 1400 Tehran municipality, he said: since the investment in the field of waver 19 is based on a comprehensive investment document it is charge of the organization for investment and public participation in different district which the total investment of the organization with region will be 19 thousand an 400 billion tomans.
According to the report of the Shahr, as mentioned in waver 19 of the budget of 1400 Tehran municipality; Tehran Municipality is allowed to observe Article 28 of the municipal financial regulations at the time of budget announcement, ten percent (10%) of the credits of all credit lines for the acquisition of capital assets of Tehran Municipality (except rows the on-hundred percent allocated based on the budget notes of 1400) subtract and focus on the number “21-617070369” under the title “centralized credits for the implementation of projects with the participation of the private sector “ consider as a contribution of the municipality in participatory projects subject to benefiting from the credit of Tehran municipality (table No. 5 of the eighth section – Tehran municipality partnership and investment budget) should be considered. deputy for planning, urban development and council affairs is responsible run the project to provide 30 percent of the project budget after concluding the partnership agreement (according to the nature and characteristics of the project) in the presented row of these projects (table No.5, section 8) in the field of capital asset acquisition, in the approved budget of Tehran municipality by considering the following items.

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