Direct foreign investment in 204 industrial projects in Mokran

Tehran, Feb 25, IRNA – Deputy Head of Iran’s Small Industries and Industrial Parks Organization Farshad Moqimi says direct foreign investment will be made in 204 industrial projects in Mokran coastlines.

Moqimi told a group of businesspersons that 47 of the projects have been fully implemented in the post-JCPOA era at a cost of $1.841 billion.

He said the projects, financed by entrepreneurs from Turkey, Azerbaijan, Ireland, Japan, Iraq, Afghanistan, Croatia, China, Germany, France, Turkmenistan and the UAE, created jobs for a group of 2,740 people.

Moqimi added that there are nine industrial cities in Mokran coastlines where petrochemical, steel, aluminum, chromate and downstream industrial activities are done.

He went on to say that ship building industry has improved there.

Meanwhile, Minister of Defense Brigadier General Amir Hatami says Mokran coasts are fully safe for investment.

Speaking to reporters on the sidelines of the Second International Seminar to Introduce Opportunities of Investment and Sustainable Development in Mokran Coasts, Hatami said Mokran is a safe haven for investment and Iranian armed forces are in the area to help all investors invest there with peace of mind.

Hatami said the fact that Mokran coasts is put at the disposal of Ministry of Defense, has the message to all investors that there is not the security concern in the region.

He said according to Supreme Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei, Mokran coast is a hidden treasure.

Formerly, the vast region, having many tourist, trade and economic capacities, was taken for granted but over past few years, the country paid attention to it, Brigadier General Hatami added.

He noted that about 40,000 jobs have been created directly and two to 3,000 indirectly.

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