The project includes an industrial city of 800,000 inhabitants, a shipyard for ships of up to 250,000 tons, a gas pipeline, railways and roads for an amount of 2,000 billion lire. In August 1974, the Iranian Government issued the invitation for the prequalification of the industrial port in which 171 companies participated. After a selection that brings the competitors first to 44 and then to 5, Italcontractors Consortium, the group led by Condotte with Mantelli, Finsider, Italedil and Dragomar, awards the contract. The agreement signed in Teheran on 16 September 1975 provides for the construction of the Bandar Abbas Commercial Port for a total of 41 million cubic meters of dredging, 8 kilometres of deep-water quays, two 7-kilometre breakwater piers, 2,000 hectares of land, 250,000 square meters of warehouses, 60,000 square meters of offices, 1,600,000 square meters of squares, 30 kilometres of motorway network, 60 kilometres of railway line, a sea water desalination plant, a residential centre for 2,000 inhabitants.