16681
VP Visits New Factory in Yazd
Economy, Business And Markets

VP Visits New Factory in Yazd

First Vice President, Es’haq Jahangiri, inaugurated an industrial facility in the central Yazd Province on Tuesday, Mehr news agency reported. The factory produces steel radiators for central heating systems with full automatic production line in which more than 450 billion rials ($15.7 million based on official currency exchange rate) has been invested. With the annual production capacity of 64,000 tons, it is expected to create direct jobs for 150 people while more than 3,000 more will be indirectly employed. During his visit, the vice president also visited a number of other manufacturing units in the industrial city of Yazd. More than 95% of the radiators in Iran are produced domestically while the country is self-sufficient in manufacturing boilers, torches, powerhouse pumps, and heating generators.

 

Short URL : http://goo.gl/BeZBlg

You can also read ...

CBI, Capital Market Agree to Control  Gold Coin Bull Run
As gold coin prices are skyrocketing, the Central Bank of Iran...
Experts believe the import ban would lead to a further rise in smuggling and market disruption.
The government has banned the import of 1,339 commodities...
$1.5b in Tax Evasion Identified From Bank Accounts
About 63 trillion rials ($1.49 billion) worth of unpaid tax...
Top US Court Restricts Police on Cellphone Location Data
The US Supreme Court on Friday imposed limits on the ability...
Mohammad Javad Zarif (4th L) addressed representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture on June 24. (Photo: Bahareh Taghiabadi )
Foreign Minister Mohammad Javad Zarif assured the business...
Iran Explores Int’l Space Collaborations at UN Meeting
Officials with Iran Space Agency participated in the two-day...
Xiaomi’s Hong Kong IPO
Xiaomi, one of the world’s leading smartphone makers, is...
Steel Exports Rise Over 28%
Iranian steelmakers exported 1.62 million tons of their...

Trending

Googleplus