Investors from six countries express readiness to invest in aluminum
EghtesadOnline: At the first international conference on investment opportunity for downstream industry of aluminum, investors from six countries expressed readiness for investment in Khuzestan province.
Head of Khuzestan Industry, Mine and Trade Organization Norallah Hassanzadeh said on Sunday that there exists production capacity of 26 million tons aluminum in the province, but for this amount we need investment.
He said that a township with 3000 hectares land is to be build in east of Khuzestan and big industries like petrochemical and aluminum industries are due to work there, IRNA reported.
Deputy Governor General of Khuzestan for Economic affairs Ali Bahraini said that the province ranks second in gross domestic product (GDP) and has advantages like existing economic infrastructures, access to high seas and common border with Iraq.
Investors from six countries of Malaysia, Singapore, South Korea, Italy and Germany are attending conference.