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Iran allocates financial aid to support maritime industries

Business Materials 28 October 2021 11:46 (UTC +04:00)
Iran allocates financial aid to support maritime industries

TEHRAN, Iran, Oct. 28

Trend:

The Iranian government is assigning $750 million credit to maritime industries in Bushehr Province in the next three years, said Governor of Bushehr Province, Trend reports citing IRNA.

The financial aid will annually provide $250 million from the National Development Fund to maritime industries in this province, Ahmad Mohammadi, noted.

The aid aims to solve the problems of the industry and its priority is to help Iran Marine Industrial Company (SADRA) that has an important role in the province economy.

Building vessels and new ships alongside fixing platforms are other projects that will start with the following credit payment.

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