On 40th Anniversary of Islamic Revolution

Iran to Inaugurate 576 Industrial Projects

Date: 19 January 2019 - 21:36

News ID: ۶۲۲۲۳

TEHRAN (Dispatches) - Head of Administrative Development and Renovation Center of the Ministry of Industry, Mine and Trade Jahanbakhsh Sanjabi Shirazi has said Iran will mark the completion of 576 industrial, mineral and trade projects during the Ten-Day Fajr (Dawn) celebrations (to start on February 01), to commemorate the 40 anniversary of the victory of the Islamic Revolution of 1979.
Shirazi said that 576 industrial, mineral and trade projects, with a total cost of 686,000 billion rials, would be put into operation.
The official added that 19 of these projects, completed with an investment of 458,000 billion rials, will offer 7,000 jobs.
According to the scheduled program, mineral and industrial projects would become operational in the provinces of Yazd and Bushehr in particular.
Project for the production of sulfate and sulfuric acid in Kerman province is the largest mineral project in the country which would be put into operation during the Ten-Day Dawn celebration, Sanjabi observed.
Removing industrial and production barriers in different cities of the country have been put atop agenda of the ministry, he said.
"Salient achievements of the Islamic Republic of Iran in the mineral and industrial sector are listed and boasted in a book entitled ‘40 Years of Production and Trade’ to be unveiled concurrent with the 40th victory anniversary of the Islamic Revolution in the presence of Minister of Industry, Mine and Trade Reza Rahmani,” he added.

Chabahar Best Strategic Point for Investment: Official
CHABAHAR (Dispatches) - Managing Director of Chabahar Free Trade and Industrial Zone Abdo Rarim Kordi has said is Iran’s best strategic point for domestic and foreign entrepreneurs and investors, as it is connected to free and oceanic waters.

"Chabahar is one of the significant Iranian points, as it provides the best chance for reducing burden of U.S. oppressive sanctions against Iran,” he said.

Seminar and Exhibition of Sistan-Baluchestan Investment Opportunities is held annually in Chabahar to introduce investment opportunities in the region, Kordi said.

Describing Chabahar as the gateway for development of eastern Iran, he said that it can play a crucial role in trade and transit of goods, after its transportation infrastructure is completed.

"Chabahar is the only point of Iran that can prepare suitable conditions for the country’s economy outside the economic sanctions through cooperation and synergy of different sectors,” he said.

The First Seminar-cum-Exhibition of Sistan-Baluchestan Investment Opportunities opened on Friday and wrapped up on Saturday.