Singapore to Invest in Maritime Projects
Economy, Domestic Economy

Singapore to Invest in Maritime Projects

Singapore has signed an agreement to invest up to €400 million in Iranian maritime projects. The memorandum of understanding was signed in Tehran on Monday between Singapore’s Kim Heng Offshore and Marine Holding, an offshore and marine value chain services provider, and Iran Marine Fund, an Industries Ministry-affiliated body that aims to promote development of Iranian maritime projects.  “The two sides have agreed to cooperate in the construction of platform supply vessels, offshore cranes, tanker ships and fiberglass and aluminum vessels,” Melvin Tan, general manager for supply chain management of the group was quoted as saying by IRNA. “The agreement is based on full exploitation of Iran’s domestic capabilities in the construction sector,” he said.

Short URL : http://goo.gl/DhUYku
  1. http://goo.gl/K805n4
  • http://goo.gl/m0yDVG
  • http://goo.gl/5AtTj1
  • http://goo.gl/ZxQBJC
  • http://goo.gl/JqoLmn

You can also read ...

Pistachio is among Iran’s major non-oil exports.
More than 3.67 million tons of agricultural products worth $3....
Tehran, Seoul Sign MoUs for Technology Transfer
Iranian and South Korean private companies signed 22...
With a 37-kilometer coastline alongside the Persian Gulf, Bushehr accounts for about half of Iran’s maritime trade.
A total of 25.5 million tons of non-oil goods, including gas...
Bank Maskan Ready to  Issue MBS Worth $240m
Iran’s agent bank of the housing sector has notified the...
Metal Exports Earn $2.5b in 7 Months
Iran exported 5.78 million tons of metallurgical products...
Nissan Prepares for Public Tests of Driverless Taxi
Nissan Motor Co and Japanese gaming software maker DeNA Co say...
Tax Revenues at $19 Billion
As much as 1,000 trillion rials ($23.8 billion) had been...
8-Month Auto Output
The automotive industry is the second most active industrial...