Mining, Industrial Projects Worth Over $260m Come on Stream

Six industrial and mining projects with an outlay of 58.8 trillion rials ($262 million) have come on stream in three provinces.
Their inauguration on July 9 by President Hassan Rouhani via videoconferencing follows the government's plan to launch 200 industrial, mining and trade projects worth 1.69 quadrillion rials ($7.54 billion) across the country by the end of the current fiscal year (March 20, 2021), creating about 41,000 new jobs, Mehr News Agency reported.
One of the newly-inaugurated projects is Pasargad Steel Complex's direct-reduced iron ore unit with a production capacity of 1.8 million tons of DRI per year with an investment of €139 million, in addition to 1,990 billion rials ($8.84 million). A total of 1,870 people have been directly employed with the inauguration of this project, as 20,000 others are indirectly involved.