Iran’s largest shrimp factory doubles production

Business Materials 21 November 2018 19:02 (UTC +04:00)

Baku, Azerbaijan, Nov.21

By Elnur Baghishov, Leman Zeynalova - Trend:

The volume of production in Iran’s largest shrimp factory has doubled since the beginning of Iranian calendar year, which started on March 21, 2018, said Saeed Naim-Emami, the head of Chaharmahal-Bakhtiari Industries, Mining and Trade Organization.

He noted that 16,000 tons of shrimp has been produced at Iran’s largest marine organisms products factory since the beginning of the current Iranian calendar year, which is twice as much as the volume of production a year ago, SHATA news agency quoted him as saying.

The factory has started shrimp production four years ago and its production has allowed to reduce the imports and save $160,000 this year, said Naim-Emami.

He noted that 45 workers are involved in shrimp production at the factory.

In July 2017, Iran's Hormoz Dam Company and Crusta'C and Du Ble Au Soleil SASU companies from France signed a contract worth $20 million in Tehran for the joint production and export of 1,000 tons of shrimp annually.

The share of capital each side brings to the table was not stipulated precisely in the contract, yet the French sides have undertaken to transfer the latest technology in the field to their Iranian counterpart.

Over 20,000 tons of shrimp were produced in Iran in the year to March 20, 2017, of which about 14,000 tons were exported mainly to the European Union, Russia, Southeast Asian countries, Vietnam and China as well as Gulf countries.