Reported by the Tasnim News Agency , Iran has finalized a bartering deal of oil, valued at €2.5 billion, with China for the development of the Imam Khomeini International Airport (IKIA), the CEO of the Imam Khomeini Airport City said.
In January this year , Saeed Chalandari , Head of Imam Khomeini Airport City Company had revealed that a Chinese contractor will likely build the airport's new terminal with a capacity of 410,000 passengers, and discussions were under progress.
Speaking to reporters on the occasion of “Government Week” on Sunday, Chalandari said that conducting feasibility studies for the construction of Phase II of the Imam Khomeini International Airport has started.
He has estimated the cost needed for the completion of the construction operation of Phase 2 of the airport at about €2.5 billion, the amount of which will be provided via the oil bartering deal with China.
Talking about the sanction hit civil aviation industry in the country , Chalandari informed that four foreign carriers have been added to those operating at the airport since 2022.
Answering a question about the Freighter flights in the country, he said that the Salam Terminal of the Imam Khomeini Airport City was constructed as a logistics terminal for international flights.
Pilgrimage flights to other countries are different from international flights, he noted, adding that a part of pilgrimage flights to Syria has been transferred to the Salam Terminal.