China to make $3bn investment in Iran fisheries

EghtesadOnline: Deputy Minister of Agricultural Jihad and Head of Iran Fisheries Organization Hassan Salehi said on Wednesday that China is going to invest three billion dollars in Iran fisheries, especially in Qeshm and Bandar Abbas in southern part of the country.

News ID: ۷۶۸۶۱۵

27 July 2016

Speaking to Managing Director of Qeshm Free Trade Zone Organization on Wednesday, Salehi said China manages production of 30 to 40 million tons of fisheries in five oceans and can serve as a big capacity for development of the fisheries industry infrastructures in the south of the country.

He said that following introduction of the capacities of Qeshm Island fisheries to investors in France, Russia, Norway, Iceland, China, Thailand and South Korea, the island has been turned into world’s major fisheries industry, according to IRNA.

He said Government of President Rouhani hss prepared a safe haven for attraction of foreign investment.