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Mining Investment Should Hit $15bln in 5 Years - Official

Posted on: Thursday, 1 December 2005, 18:00 CST

According to "Tehran Times", in the next five years, investment in the domestic mining sector should reach $15 billion, said an official from the Iranian Ministry of Industries and Mines

. He also acclaimed the recent trend of industrial development in this western province, pointing to the 110-million-dollar cement plant of Shahr- e Kord, which is expected to come into operation next year with an annual capacity of one million tons.

Source: Info-Prod Research (Middle East)

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