Iran’s IMIDRO invests in Kuwait steel plant
Baku, Azerbaijan, Nov.8
By Fatih Karimov - Trend:
Iranian Mines and Mining Industries Development and Renovation (IMIDRO) invested in the construction of a steel plant in Kuwait.
IMIDRO holds a 49 percent share of the project, which is valued at €77 million, Iran's ISNA news agency reported on November 8.
The plant will have a capacity to produce 400,000 tons of products per year.