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FinancialNews


  • 10-07-21

    Iran launches 5 industrial, mining projects valued at USD9.5B

    (MENAFN)According to IRNA, President Hassan Rouhani launched five major industrial and mining projects valued at 400 trillion rials (over USD9.5 billion) in four provinces via video conferencing.

    The stated projects were launched in Kerman province in the 79th series of inauguration ceremonies since the last Iranian year, relating to the Middle East Mines and Mineral Industries Development Holding Company (MIDHCO).

    The mentioned projects included a steel production complex, a copper cathode production complex, a project for equipping mining fleet, a lime and dolomite baking plant, and a coke cooling unit using Coke Dry Quenching (CDQ).

    The mentioned projects offered job opportunities for 4,150 people, according to the report.

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