Tehran to Host Stone Exhibit Next Week
Tehran to Host Stone Exhibit Next Week

Tehran to Host Stone Exhibit Next Week

Tehran to Host Stone Exhibit Next Week

The Ninth International Iran Stone Exhibition, Natural Stone, Quarry, Machinery and Equipment, otherwise known as IRSE 2017, is scheduled to be held in Tehran’s International Fairground from July 10 to 13.
More than 240 Iranian and foreign companies from Germany, Italy, India, China, Turkey, Afghanistan, Greece and South Korea, representing factories active in manufacturing stone cutting, mining, excavation and processing machinery, will take part in the exhibition to showcase their latest products, services and technology, Mizan Online reported.
According to the report, the exhibition has been organized with the aim of expanding Iran’s exports, increasing domestic production, improving the business environment and introducing Iran’s capacities in the stone industry to global markets.
Iran has the world’s fourth biggest stone reserves. Its ornamental stone reserves alone amount to 4 billion tons. At present, some 1,800 stone mines and 6,000 stone-cutting factories are active in the country.
Iran’s nominal stone production capacity stands at 27 million tons per year. Yet, in the last Iranian year (March 2016-17), only 10 million tons of stones were produced in the country.
In other words, the volume of production was about 63% less than the nominal capacity. Moreover, the nominal capacity of the processing sector is 160 million square meters per year, but the actual capacity has declined to 60-70 million square meters per annum in recent years.
Annual stone exports stand close to $200 million, most of which pertain to unprocessed stones.

Short URL : https://goo.gl/ZHGPvg
  1. https://goo.gl/6Vz8RY
  • https://goo.gl/GKUZUk
  • https://goo.gl/afSc59
  • https://goo.gl/EDVKES
  • https://goo.gl/tKxhrh

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...

Add new comment

Read our comment policy before posting your viewpoints