Call for Accelerating Industrial Projects in South Khorasan Province

Deputy Minister of Industry, Mine and Trade and Head of Industrial Development and Renovation Organization (IDRO) Mr. Ali Nabavi in meeting with governor and representatives of Khorasan Razavi Province emphasized accelerating implementation of industrial projects in the province.

Nabavi pointed to the empowering approach of IDRO and said that this organization cooperates in the industrial projects based on the pattern of participation activities with the non-native private sector and it is ready to share its accumulated knowledge and experiences in the process of participation with the private sector for empowering and legal, facilitating and developmental supports in the projects based on technical economic justification and in accordance with the spatial land.

Then Governor of South Khorasan Province Mr. Javad Ghanaat in the meeting termed necessary the presence of developmental organizations in this province and assessed promising the investment of IDRO and its participation in the industrial industries.

Nabavi and Ghanaat then both emphasized identification of investment opportunities in the province and exchanged views on revisiting and upgrading as well as implementing participatory industrial projects.

IDRO is currently involved in the steel cord production plant whose product is used in the Radial tyres and the nominal annual production capacity of the company is 15,000 tons which is being constructed in the less developed areas of the province.

The project for developing Nasaji Ferdous Textile Company is other project approved in the IDRO and it is to become operational in cooperation with the non-private sectors and facilitation of the organization.