China intends to invest $150 million in Iranian FEZ
Date: 09:36, 30-11-2015.
Almaty. November 30. Silkroadnews - 20 Chinese companies intend to invest $150 million in the special economic zone "Salmas", located in the Iranian province of West Azerbaijan, transmits IrTAG
"The special economic zone "Salmas" has favorable conditions for both foreign and domestic investors. Here, in addition to Chinese companies, invest Iranians living in Germany and the UK", - said the director of the Investment Iranian province of West Azerbaijan M.Musazade.
Investments will mainly be invested in the textile industry, information technology, mining equipment, cars and commercial vehicles, chemical fertilizers from the salt extracted at Lake Urmia, and building materials. The first phase of investment will begin in January 2016.
