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Iran's Social Security Investment Company ready to take over cement project in Iraq

Business Materials 20 September 2019 19:28 (UTC +04:00)

Tehran, Iran, Sept.20

Trend:

Iran's Social Security Investment Company is ready to take over the Alemarah Cement project in Iraq, said the managing director of the company, Mohammad Rezvanifar.

"The Alemarah Cement project in Iraq is ready to be operated from the Iraqi side, but it has not fully invested in it," Rezvanifar said, Trend reports citing ILNA.

He went on to add that his company is looking to expand international trade in various ways.

The official has also indicated that more than 70,000 projects are incomplete in Iran.

"We currently have more than 70,000 incomplete projects across the country, considering the big changes in foreign currency rate the incomplete projects are being updated, and the focus is on necessary projects," he said.

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