Friday, 22 January , 2021
development projects Archives - iran news daily iran news now
NPC initiated development of petchem projects 09 Dec 2019

NPC initiated development of petchem projects

TEHRAN (Iran News) – The CEO of the National Petrochemical Company, NPC Co., said that the company has launched an initiative to orchestrate petrochemical projects in the industry. In a meeting with the projects department of National Petrochemical Company on Sunday, Behzad Mohammadi said that since last year, NPC had sought to ensure the construction […]

Russia’s $5 billion loan will be used for major projects 20 Nov 2019

Russia’s $5 billion loan will be used for major projects

TEHRAN (Iran News) – Iran’s Minister of Energy Reza Ardakanian is to travel to Moscow to operationalize Russia’s $5 billion loan for constructing two major projects in Iran. Announcing on Wednesday, Ardakanian the head of Iran-Russia joint economic cooperation commission is to travel to Moscow to operationalize Russia’s $5 billion loan which was agreed to be […]

Budget allocated for development projects to rise 15 Oct 2019

Budget allocated for development projects to rise

TEHRAN (Iran News) – Head of Iran’s Planning and Budget Organization (PBO) said 430 trillion rials (about $10.2 billion) is going to be allocated for development projects in the next year’s budget plan, up 53 percent from the figure for the current year. “We intend to invest as much as we can in development sector […]

Development projects worth $1b inaugurated 22 May 2019

Development projects worth $1b inaugurated

Iranian President Hassan Rouhani launched and inaugurated some development, service, and infrastructure projects worth 44.65 trillion rials (about $1.063 billion) in West Azarbaijan Province.

NIORDC to inaugurate 20 development projects worth €1.6 b in 10 days 02 Feb 2019

NIORDC to inaugurate 20 development projects worth €1.6 b in 10 days

National Iranian Oil Refining and Distribution Company (NIORDC) will inaugurate 20 development projects worth €1.6 billion (35 trillion rials, which equals €744.6 million, plus €861 million) during the Ten-Day Dawn (February 1-10, marking the victory anniversary of the Islamic Revolution), IRNA reported on Friday. As announced by the Oil Ministry, the third phase of gas […]

Over $142.6b of budget needed for completion of development projects 22 May 2018

Over $142.6b of budget needed for completion of development projects

TEHRAN- A member of development committee of the Iranian Parliament (Majlis) announced that $6 quadrillion rials (more than $142.6 billion) of budget is needed for completion of development projects in Iran, Tasnim news agency reported. Calling on the government to prepare proper ground for completion of all such projects, Alim Yarmohammadi underlined the significance of […]