Iran may receive $10B in investment
Friday, 16 February 2007 15:58:35 (GMT+3)
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The Iranian Ministry of Industry and Mines is reportedly in the initial stage of negotiations with a European investment company, which is planning to spend $10 billion in various Iranian industries, including the steel sector.
Deputy minister for economic affairs, Mr. Mohsen Shaterzadeh commented that the primary objective is the creation of special zones for energy-consuming industries such as the steel, aluminum and cement industries.
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