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FinancialNews
07-02-22
Iran to start inauguration of 48 key industrial schemes of USD17B
(MENAFN) According to IRNA, on Sunday, President Ebrahim Raisi commanded the start of 48 key industrial schemes with an overall investment of USD17 billion all over the nation, via virtual conference. As stated, the aforementioned schemes are going to be employed in 27 cities of 13 distinct regions.
A group comprised of Golgohar Mining and Industrial Company, Mobarakeh Steel Company, National Iranian Copper Industries Company (NICIC), Chadormalu Mining and Industrial Company, Mines and Metals Development Investment Company (MMDIC), as well as Parsian Oil and Gas Development Company (POGDC) referred to as "Iran's Progress Promoters Group" will supply the capital for the stated schemes.
When the mentioned schemes are completely ready for use, the stated schemes are predicted to manufacture 54 million tons of minerals, metals and petroleum products, making the total yearly profits of the nation to stand at USD20 billion while providing 21,000 direct work opportunities and 64,000 indirect work opportunities.
MENAFN07022022000045013568ID1103650752
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