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• Iranian group of companies plans to invest in the industrial and oil sectors in Basra

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Red Lily


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Friday 26 October 2012
• Iranian group of companies plans to invest in the industrial and oil sectors in Basra

Basra - and babysit -
Group of Companies announced ♦ Iranian intention to invest in the province of Basra and the establishment of a project in the industrial and ♦ oil sectors at an investment cost of up to $ 310 million.



The representative of the group of companies "Boya experiences of" Iranian Hussein builders during his headquarters Basra Investment Commission and meeting with director of single window where, in the presence of advisor portfolios for Agricultural Affairs and Water Resources: The group plan to set up an industrial project investment to establish two laboratories, the ♦ first specialist produces cables and electrical transformers, and a capital investment of up to $ 60 million.



He added: that the second project includes the ♦ construction of a factory for the production of steel, cars, machinery and railways, oil and gas, petro-chemicals, pointing out that the estimated cost of investment of up to $ 250 million.

For its part Basra Investment Commission announced support projects and push for obtaining the required approvals from the relevant departments ... p / i



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