Iran plans USD7.5 b industrial projects


(MENAFN) Iran's Ministry of Industries, Mines and Trade has opened USD7.5 billion worth letters of credit (LC) for semi-finished industrial and mining projects, according to Iran Daily



National Development Fund (NDF) and financing credit lines will support the ministry in financing the projects



Hossein Mehrizi, deputy industries, mines and trade minister for planning, said: "Of the figure, "1.8 billion were used to open LC for seven steel projects.


MENAFN

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