TEHRAN, Iran, September 28. Iran’s private sector is seeking to start investment in Afghanistan, Iraq, Kazakhstan, Kyrgyzstan, and Azerbaijan mines said the chairman of the mine and mineral industries commission in Iran Chamber of Commerce Ebrahim Jamili, Trend reports citing ILNA.
The commission is pursuing investment in overseas mines, he said adding that the Iran Chamber of Commerce is to form consortiums with foreign countries and transfer technologies to overseas mines and import basic materials in return.
The private sector has a well-received investment in overseas mines and the project would be run with several countries in the form of a consortium, he noted.
He pointed out that the priority is to use startup companies in big projects and investments in overseas mines.
According to the official, another important plan is to revive 1,000 small and medium-scale mines in Iran with the aid of the private sector and Iranian Mines & Mining Industries Development and Renovation.