Kuzu Group

"Tehran Wastewater Company has signed a contract, worth €125 million ($140 million), with Turkey's industrial and construction contractor Kuzu Group on building a wastewater treatment plant in southwest Tehran. The project will be funded by the Islamic Development Bank (IDB), Asqar Riazati, managing director of Tehran Wastewater Company, was quoted as saying by IRNA on Tuesday. "Kuzu Group was awarded the project in an international tender," the official said without providing details. He added that the IDB has verified the tender." (Financial Tribune, "Turkish Co. in $140m Wastewater Contract With Iran," 10/6/2016).