$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 ...

Iran, India Reinforce Economic Ties With Chabahar Deal
The development of the strategic Chabahar Port is becoming a...
3rd Turkish Border Gate With Iran to Operate 24/7
Turkey is working to keep a third border gate with Iran open...
Iran’s Industrial Management Institute released on Sunday the...
Apple Releases New Bug Fix
Apple has released iOS 11.2.6, which includes a bug fix for...
The number of residential construction permits issued in...
MPs Weigh FATF’s Impending Decision
As the 700 delegates from 203 jurisdictions of the Financial...
About 933.18 million shares valued at $49.28 million changed hands at TSE on Feb. 19.
Tehran Stock Exchange’s main index lost 152.17 points or 0.15...

Add new comment

Read our comment policy before posting your viewpoints