{"id":6608,"date":"2020-08-01T05:46:30","date_gmt":"2020-08-01T05:46:30","guid":{"rendered":"https:\/\/en.azpar.com\/?p=6608"},"modified":"2020-08-01T05:46:34","modified_gmt":"2020-08-01T05:46:34","slug":"five-industrial-projects-worth-237m-come-on-stream","status":"publish","type":"post","link":"https:\/\/en.azpar.com\/?p=6608","title":{"rendered":"Five Industrial Projects Worth $237m Come on Stream"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Five industrial projects worth 56 trillion rials ($237 million) were inaugurated in three provinces by President Hassan Rouhani via videoconference meetings on Thursday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The inaugurations are part of the government&#8217;s plan to launch 200 industrial, mining and trade projects worth 1.69 quadrillion rials ($7 billion) across the country by the end of the current fiscal year (March 20, 2021), creating 41,000 new jobs along the way, the Ministry of Industries, Mining and Trade&#8217;s official news service Shata reported.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One of the newly-inaugurated projects is a medium-density fiberboard plant owned by Arian Shimi Factory in Amirabad Port\u2019s Special Economic Zone, located in northern Mazandaran Province.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hossein Modarres Khiyabani, the caretaker of Industries Ministry who was present at the site, said the plant has been established with 9 trillion rials ($38 million) of investment, and has the capacity to produce 300,000 cubic meters of MDF per year. The project has created a total of 200 direct jobs.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rouhani also launched the first phase of a heavy and light sodium carbonate production unit at Kaveh Glass Industrial Group in Firouzabad County of the southern Fars Province.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Employing around 1,000 people, the unit\u2019s sodium carbonate production capacity is said to stand at 320,000 tons per year.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Present at the site during the inauguration, Mehdi Sadeqi-Niyaraki, an official with the Industries Ministry, said 20.6 trillion rials ($87 million) have been invested by private investors in this project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added that the project has raised the number of sodium carbonate production units in Iran to five, pushing up the material\u2019s nominal production capacity to 897,000 tons per year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of its largest applications, sodium carbonate is used in the manufacture of glass, paper, rayon, soaps and detergents.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, with 440 billion rials ($1.8 million) of investment by a state-run business company, two new wheat storage silos were launched in Fars Province, one in Eqlid County and the other in Darab County.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Yazdan Seif, a deputy industries minister, who was also in attendance, the first project is a 30,000-ton metal silo, developed with modern technologies that can function automatically.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The silo has raised the agricultural storage capacity of the area to 60,000 tons.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe second silo in Darab, with a production capacity of 40,000 tons, was launched with an investment of 200 billion rials [over $848,000]. The project is expected to create 30 direct jobs,\u201d Seif said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The main features of the silos are temperature monitoring and ventilation systems, programmable logic controllers, automated sampling systems and remote-controlled relief valves.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The last inaugurated project was a steel ingot and rebar production unit at South Rouhina Steel Complex in Dezful, located in the southwestern Khuzestan Province.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project was launched in the presence of Alireza Shahidi, the head of Geological Survey and Mineral Explorations of Iran.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Shahidi explained that the mill has been constructed with 26 trillion rials ($110.26 million) of investment and has a production capacity of 450,000 tons per year, creating over 2,400 direct and indirect jobs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rouhina Steel Complex\u2019s first production phase was launched in March 2017 with a production capacity of 500,000 tons of rebars per year. The plant was set up with $39.47 million of investment by the private sector using domestic and international financing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Taking the new production unit into account, Iran is currently home to 142 units of steel rebar production with a nominal production of 21.7 million tons annually, he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Shahidi said there are 84 steel ingot production factories in Iran, with 38 million tons of output per year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Iranian government is planning to launch 12 more steel ingot production units by the current Iranian yearend (March 2021) with an estimated investment of 162 trillion rials ($687 million).&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The plans are expected to add 7.6 million tons to the current annual steel ingot production rate, employing over 6,100 people.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This was the eighth consecutive week of industrial inaugurations after the government\u2019s scheme kicked off earlier this year. So far, 38 mining and industrial projects worth over 200 trillion rials ($848 million) have been launched.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to official data, the projects have created more than 6,000 direct jobs around the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To see the source click <a href=\"https:\/\/financialtribune.com\/articles\/domestic-economy\/104587\/five-industrial-projects-worth-237m-come-on-stream\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Five industrial projects worth 56 trillion rials ($237 million) were inaugurated in three provinces by President Hassan Rouhani via videoconference meetings on Thursday. The inaugurations are part of the government&#8217;s plan to launch 200 industrial, mining and trade projects worth 1.69 quadrillion rials ($7 billion) across the country by the end of the current fiscal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":6609,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-6608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"_links":{"self":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/6608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6608"}],"version-history":[{"count":1,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/6608\/revisions"}],"predecessor-version":[{"id":6611,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/posts\/6608\/revisions\/6611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=\/wp\/v2\/media\/6609"}],"wp:attachment":[{"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.azpar.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}