Shasta Says to Invest $15 Billion by 2025

Social Security Investment Company, known by its Persian acronym Shasta, plans to invest 4,000 trillion rials ($15.3 billion) in projects of its subsidiaries, the company’s managing director said. 
“The investment will be made over four years to [help] raise production of Shasta subsidiaries,” Ali Rostami told a press conference on Tuesday, IRNA reported. 
“Presently, there are 94 projects underway worth 630 trillion rials [$2.4b] funded by Shasta,” Rostami added.