Europeans to invest in Ilam’s industrial projects

02 May 2005 | 16:43 Code : 5026 Geoscience events
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Head of Ilam’s Industries and Mines Organization said Sunday that three European companies have requested to invest in several industrial projects in this western province.

 Head of Ilam’s Industries and Mines Organization said Sunday that three European companies have requested to invest in several industrial projects in this western province.
   “Two Spanish companies as well as a German company want to put their money in the construction projects of a railway, a steel mill and a power plant,” Soleymani stated. The steel mill is estimated to cost 123 million euros, he added. The Andimeshk-Mehran Railway project is still being assessed by provincial officials, he uttered, adding that the plan should also be approved by the cabinet. 

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