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Yazd scraps 40 projects

21 Dec 2015 - 15:40


Officials in Yazd Province scrapped plans to build 40 tourist resorts which were previously approved.

Since 2007, about 45 regions in the central region had been designated as so-called “exemplary tourist areas”, and projects to develop those sites into tourist resorts were approved — some of which had even secured funding from private investors. However, the extremely slow progress of the projects prompted provincial officials to reevaluate the idea.

As a result, construction licenses for 40 projects were revoked, 30 of which did not even have investors, according to a statement on the website of the provincial office of Iran’s Cultural Heritage, Handicrafts and Tourism Organization.

By Financial Tribune


Story Code: 193352

News Link :
https://www.theiranproject.com/en/news/193352/yazd-scraps-40-projects

The Iran Project
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