Aug 2, 2004, 8:43 PM

Poultry Industry Support Fund Initiated

TEHRAN August 2 (MNA) -- Poultry Producers Board Director Mostafa Seyyed Mostafavi said that a poultry industry support fund with an initial capital investment of Rls. 6 billion has been initiated.

He told Fars News Agency that with recent problems sustained by Iran’s poultry industry this fund was necessary to support poultry farmers.

 

Mostafavi added that the fund could intervene in market and facilitate poultry industry material purchasing.

 

He noted that 51% of the fund’s capital is being provided by farmers and the government will supply the remainder.

 

VA/MSK/DWN/IS

END

MNA

News ID 7141

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