Azerbaijan, Baku, May 28/Trend, M.Moezzi/
Iran will put up more than $5.7 billion (USD) in state-owned companies' shares to fund major projects.
Ali Akbar Mehrabian, who serves as a special assistant to President Mahmoud Ahmadinejad, made the comment on a visit to the Semnan Province in northern Iran, the Islamic Republic News Agency (IRNA) reports.
In addition to the stock offering, the government will use surplus oil revenues to fund it major projects.
Mehrabian said there are 34 such projects in the Semnan Province, which include sports arenas, hospitals and freeways.
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