292 (million rials)

Estimating the volume of investment

Khorshid Park:
In order to use the capabilities of the private sector, attract tourists and implement large urban projects, Mashhad Municipality designed and established Khorshid Park with an area of 380 hectares in District 9 of Mashhad. The project’s advantages include easy access, vast area, and high number of visitors, which have established the economic justification of the project and will lead to the attraction of private sector investments.

Telecabin is a type of elevator normally used to transport people in mountainous regions. Numerous cities of Iran use this attractive elevator (e.g., Namakabroud, tochal, Lahijan and Ramsar). Some of major features of this project include:
1. Proper location and a unique and beautiful view
2. Long path and suitable height
3. Diverse natural perspectives of Khorshid Park
4. Compliance with the best world standards

General Project Information
Project Usage : Recreational
Nominal capacity: 270 people
Average demand share per day : 1004 people per day
Type of ownership : Municipality
Project address: Khorshi Park, Namaz Blvd.
Total Infrastructure Area: 380 Ha
Fixed investment costs
Description of costs Total Amount
Facilities and equipment 268,867,000,000 Rials
other costs 23,457,000,000 Rials
Project financial information
Description Amount Title Description
Annual income : 110,236,000,000 Rials
Annual interest expense: 32,534,000,000 Rials
contract type : Construction, exploitation, lease, transfer
Duration of construction and operation : 28 years
Fixed investment cost : 292,324,000,000 Rials
All amounts are in millions of rials All license fee, contract expiration date, construction and ownership will be updated