Director General of Planning and Financing Office of the Ministry of Industry, Mining, and Trade Alireza Hadi announced that top companies of Iran will invest $6.1 billion in the country’s industrial, mining and trade development projects.
The investment is will be realized as part of a new program called “Resilient Economy with Top Enterprises” which is defined by the Industry Ministry and to encourage İran’s top companies to invest new projects.
As the first stage of the new program, the Industry Ministry has signed memorandum of understanding (MOU) worth $6.1 billion with five major enterprises including Sepahan Oil Company, Almahdi Aluminum Company, Shirin Asal Food Industrial Group, and Chadormalu Mining and Industrial Company.
Aiming encouraging major companies to participate in the country’s development for achieving the goals of the resilient economy, these MOUs will cover 62 projects in the fields of mining and mineral industries, food industry, machinery, and refining industries, Hadi stated.
