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Indian company to invest in Ilam

Ilam, May 10, IRNA

Iran-India-Investment
Head of Ilam Industries and Mines Organization said an Indian company is to invest in the oil and gas industries in the province.

Mozaffar Foroutan, on the sidelines of meeting with the Indian company delegation on Saturday afternoon, told IRNA, "The Indian company named "TSS" is to invest on four big industrial plans in the province."
He added the company is to invest 20 thousand billion rials on steel production, cement factory, oil refinery and power plant in Ilam province.

Foroutan said the investment primary agreements have been signed between the Indian company with several domestic firms.












News sent: 23:15 Saturday May 10, 2008 Print