Italian Firm to Set Up Factory in Chabahar
Italian Firm to Set Up Factory in Chabahar

Italian Firm to Set Up Factory in Chabahar

Italian Firm to Set Up Factory in Chabahar

Italian stoneworker Simec is establishing a stone processing factory in Chabahar Free Trade-Industrial Zone, managing director of the FTZ,

Abdolrahim Kordi, has announced. Simec and its partner in Iran, Tejarat Tat Mokran, have invested €39 million in the project.

According to Kordi, the factory will become operational in two years and will create 800 direct and indirect jobs.

Plans are to export processed Iranian stones from the factory to Persian Gulf littoral states, Central Asian countries, Russia and Europe, Minews reported.

Established in 1969, Simec is in the business of natural stone processing and machinery and plant manufacture, according to the company’s website.

Short URL : https://goo.gl/px8KTz
  1. https://goo.gl/cyVgDW
  • https://goo.gl/1xVdgn
  • https://goo.gl/xVA1fm
  • https://goo.gl/EsrJ5J
  • https://goo.gl/xqRGwf

You can also read ...

Currency, Gold at New High in Tehran Market
The foreign exchange market heated up again on Monday to post...
Iranian Ministry of Industries, Mining and Trade has released...
Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
The government’s Economic Council last week approved a...
Iran: Summer Sees Highest Inflation on Record
The consumer price index increased from 116.2 to 134.6 or...
Iranian Private Carmaker Increases Prices 55%
Iran’s largest private automaker Modiran Vehicle Manufacturing...
Tehran Stocks Rally, Incline Toward Export Sector
Tehran Stock Exchange set a fresh record high on Monday as...
Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
A total of 4.13 million tons of finished and semi-finished...
Iranian Banks Lend $16.8 Billion in 5 Months
Banks and credit institutions allocated 2.4 quadrillion rials...

Add new comment

Read our comment policy before posting your viewpoints