90343
$4.6 Billion for Water, Agriculture Ventures
$4.6 Billion for Water, Agriculture Ventures
Tuesday, July 24, 2018

Iran's Sovereign-Wealth Fund Approves $4.6 Billion for Water, Agriculture Ventures

The parliament has authorized the National Development Fund to provide $13 billion for water and agriculture schemes during the current fiscal year (started March 21)
There are 177 dams across the country, of which 78 are hardly 40% full
Tuesday, July 24, 2018

Iran's Sovereign-Wealth Fund Approves $4.6 Billion for Water, Agriculture Ventures

Iran's sovereign-wealth fund has approved the investment of 196 trillion rials ($4.6 billion) for water and agriculture ventures in the current fiscal year (started March 21).
The latest report published by the National Development Fund of Iran indicates that of the total parliamentary allocation of $13 billion in the current fiscal year for water and agriculture sectors through the fund, over $4.6 billion have so far been allocated to such ventures, IRNA reported.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/AQefjP
07/24/2018
  1. https://goo.gl/nGEDWm
  • https://goo.gl/vTA496
  • https://goo.gl/aAb8ma
  • https://goo.gl/23JfQH
  • https://goo.gl/5b3dzT

You can also read ...

Russia Says US Sanctions on Iran "Unproductive"
United States' sanctions on Iran's oil industry are...
China to Cut Solar, Wind Subsidies
China will speed up efforts to ensure its wind and solar power...
Oil Coalition Seeks Consensus Ahead of Algiers Summit
With a critical meeting in Algiers fast approaching, a...
Abu Dhabi Planning Biggest Oil  IPO in Decade
Abu Dhabi is pushing ahead with an initial public offering for...
Crude Prises Higher as Supply Concerns Rise
Oil prices rose on Monday as investors worried about the...
New Power Capacity for Sistan-Baluchestan
Operations to build new combined-cycle power plants in...
Abadan  Refinery  Second Phase  on Track
The second development phase of Abadan Oil Refinery in...
ICOFC to Develop  Eight Gas Fields
Iranian Central Oil Fields Company plans to develop eight gas...

Add new comment

Trending

Googleplus