Iran, Turkey ink trade pacts worth $100m

EghtesadOnline: Iran and Turkey signed trade documents worth 100 million dollars in the fields of ship-building and execution of construction projects.

News ID: ۷۷۶۷۲۶

03 June 2017

Social Security Investment Company of Iran (Shasta) and Turkish companies signed agreements to execute construction projects and renovation operation in Arvandan shipyard, IRNA reported.

Meanwhile, the first Iranian-made Catamaran fast ferry was officially delivered to Turk side.

The ceremony was in the presence of Shasta Managing Director Reza Norouz-zadeh and Managing Director of “Muff-Invest’ Investment Company of Turkey Firat Yilmaz and Managing Director of ship-building Company ‘Shes Makina’ Zaynal Klickly.

The projects worth around 100 million dollars will be financed by Turkish side.

Document to deliver Catamaran vessel was also signed between senior officials of Shasta and Muff-Invest.