The cost of building the dam is estimated at US$105.2M, with US$61M being provided by the Iranian government. The dam will irrigate 13,600ha of land.
IDB offers loan for Iran dam
The Islamic Development Bank has offered a US$37.3M loan to Iran to finance the construction of a dam and associated irrigation network at Aydoghmush bordering the northwestern Iranian provinces of East Azerbaijan and Ardebil, according to the IRNA news agency.
