China intends to invest $150M in economic zone in Iran
As many as 20 Chinese companies intend to invest $150 million in the Salmas special economic zone located in the Iranian province of West Azerbaijan, director of the investment organization of the Iranian province of West Azerbaijan Mohammad Musazade said, the Islamic Republic News Agency (IRNA) reported Nov.28. Musazade said that an agreement with these companies has been reached, and the companies will invest in the Salmas economic zone in three stages. “There are favorable conditions for investment in the Salmas special economic zone ...
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