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Private sector investments in Iran’s Amirabad Port to increase

Business Materials 14 December 2019 11:13 (UTC +04:00)
Private sector investments in Iran’s Amirabad Port to increase

BAKU, Azerbaijan, Dec. 14

By Elnur Baghishov - Trend:

Private sector investments in Iran’s Amirabad Port and special economic zone in the Behshahr district of Mazandaran province will increase by 17.8 trillion rials (about $424 million) by the end of this Iranian year (March 21, 2019 - March 21, 2020), said Siyavash Rezvani, the manager of Amirabad Port and special economic zone, Trend reports referring to Iran’s Ports and Maritime Organization’s website.

Rezvani said that this figure amounts to 13.6 trillion rials ($324 million) and 4.2 trillion rials (about $100 million) will be invested in the construction of soybean oil and animal feed plant and warehouses.

The manager added that plants for production of paper, gypsum, fittings and other metal products, grain storage facilities with capacity of 230,000 tons, 58 megawatt power plants are the projects that were commissioned in the special economic zone by the private sector and 6.9 trillion rials (about $164 million) were invested in these projects.

Rezvani said that as a result of the investments, 1,140 people have been employed so far, and 972 people will also be employed if other projects are commissioned.

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