POST Online Media Lite Edition


China to make $3 billion investment in Iran fisheries

Staff Writer |
Deputy Minister of Agricultural Jihad and Head of Iran Fisheries Organization Hassan Salehi said that China is going to invest $3 billion in Iran fisheries.

Article continues below

China is especially interested in Qeshm and Bandar Abbas in southern part of the country.

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.

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

What to read next

Spain ready to export stonefruit to China
Japan jumps to spot No4 of biggest agriculture importers
China begins selling stockpiled grain at loss