66125
$1b Deal With  S. Korea to Build Cable Cars
Economy, Domestic Economy

$1b Deal With S. Korea to Build Cable Cars

Iran’s Jam Industrial Group and South Korea’s New Millennium signed a joint venture memorandum of understanding in Tehran on Saturday worth $1 billion to build cable cars in Iran. “The project will be financed through foreign direct investment and Iran’s banking guarantee,” said the managing director of the Iranian company, Jalil Makinehchi, adding that Phase 1 of the project will get off the ground within one and a half years, IRNA reported.

Short URL : https://goo.gl/lmY2bG
  1. https://goo.gl/v6PNWR
  • https://goo.gl/n1Abhd
  • https://goo.gl/i0f41Y
  • https://goo.gl/0iyCfQ
  • https://goo.gl/ql3KTx

You can also read ...

These Billions in Deals Can Help Iran Counter Trump
It hasn’t been the investment bonanza Iran hoped for, but the...
BIM Links Up With 82 Foreign Banks
Iran’s Bank of Industry and Mine has set up correspondent...
Iran’s Exports to Syria Double
Iran exported $58 million worth of goods to Syria during the...
BMI Expanding Presence in Iraq
Bank Melli Iran–the country’s biggest commercial lender–is...
Potatoes Sold to 13 Countries
More than 60,550 tons of potatoes worth 448.76 billion ($13.83...
Regulations for Dormant Accounts
In order to improve banks’ financial transparency and prevent...
Mouteh Gold Mine Output Up 48%
Mouteh Gold Mine produced 136 kilograms of gold ingots during...
Motorola Moto X4 Smartphone Details Leaked by Iranian Distributor
Mobile phone maker Motorola's distributor in Iran has...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus