South Korea invests 200 million euro in Iran’s agriculture

EghtesadOnline: South Korea invested 200 million euro in Iran for producing agricultural machinery in the wake of its president’s visit to Tehran, one of the board members of Iranian Fertilizer Manufacturers Association announced.

News ID: ۷۷۳۴۷۱

24 January 2017

“Following the agreements, the South Korea invested 200 million euro in producing agricultural machinery such as tractors with power from 18 to 120 hp,” the board member of Iranian Fertilizer Manufacturers Association Mohammad Reza Sharifi said.

He mentioned, the first phase of the factory will be operational by next six months, ISNA reported.