Feb 6, 2016, 4:00 PM

Trilateral consortium to invest in Iran  

Trilateral consortium to invest in Iran  

KERMANSHAH, Feb. 06 (MNA) – A trilateral consortium of Iranian, Indian and South Korean companies signed a deal with Kermanshah province of Iran to invest in joint projects.  

A joint consortium of companies from Iran, India and South Korea signed a Memorandum of Understanding (MoU) with the governorate of Kermanshah province of Iran on Saturday.

According to the 8-article agreement, the consortium will invest in building Kermanshah-Khosravi rail road, an amusement park, a shopping center, a gondola lift and a host of other projects.

Among the projects agreed to be jointly invested is an air route between the Kermanshah Airport and the Kurdistan Region of Iraq, said Jamal Hayati, the head of the joint consortium.

He also voiced the willingness of the consortium to erect power plants of solar, wind, and gas powers to take full advantage of the capacities of the Iranian western province.

Also, there are plans for constructing a 5-star high-tech hospital with full specialized equipment and hostelling services in the capital of the province to provide medical services to all classes of the community, said Hayati.

 

YNG/3043121

 

News ID 114202

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