HEPCO on the verge of signing a contract for the production of mining machinery

HEPCO on the verge of signing a contract for the production of mining machinery
  • 2020-09-06
  • .
Chairman of Imidro Board of Directors: Due to the conditions created to facilitate the activities of HEPCO, the company is on the verge of signing contracts with domestic applicant companies.

According to the Iran International Stone Exhibition, Khodadad Gharibpour, who spoke at a meeting with shareholders and senior managers of Hepco and the Mining House, stated: The Mining House, together with Hepco and with the support of the Mining Investment Insurance Fund, can In the coming weeks, turn existing agreements with mining companies and mining industries into contracts.

He stated that today's meeting prevented parallel and fragmented work, adding that the Hepco working group is based in Imidro and the presence of the CEO or legal representative as well as the shareholders in this working group is necessary.

Gharibpour said: Imidro undertakes the issue of facilitating the process of preparing and receiving foreign currency and resolves it with the help of upstream institutions such as the Central Bank, customs, etc. The Deputy Minister of Mining Industry and Trade emphasized: with the actions of this organization, the cost of converting Rials into the required currency will be zero.

Accompanying up to the contract stage

Gharibpour, meanwhile, called for the announcement of Hepco's foreign exchange needs and added: "Imidro is in charge of leading the affairs until the contract is signed between the client and the service provider, and since then, the parties to the contract have continued their activities."

The Chairman of the Board of Directors of Imidro said: "It is necessary for the parties to reach a final conclusion in the presence of the Mining Investment Insurance Fund in order to turn the agreements into contracts."

Mohammad Reza Bahraman, the head of the Mining House, in this meeting, first stating that all the conditions in the field of branding and modeling have become technical and precise expertise, said: Agreements with Hepco in this area and even after-sales service have been done and are now ready. We are ordering.

Bahraman continued: "We are summarizing the numbers of orders in the excavator, loader, dump truck, etc., and Hepco can start its planning with this process."

Morteza Lotfi, a member of the board of directors of the Social Security Organization, also stated: Production facilitation strategies, guarantees that can be provided to the bank, receiving facilities, etc. have been done and we are negotiating with the banks.

Emphasizing that we do not feel alone in activating HEPCO, Lotfi said: "We try to be accountable in the field of production so that both the workforce and the shareholders get their rights."

On the other hand, Ali Mohammad Rafiei, CEO of HEPCO, reminded that now the fallen burden of HEPCO is being lifted after thirteen years, and said: "Like any driving force, a high force is needed at the beginning of the movement, and this important thing is being done." . Rafiei declared the conversion of memoranda of understanding into contracts as one of the necessities of Hepco's initial moves and said: "The production of machines is the core of our activities in the first years."

He added: "We have a common ground with customers about the brand and model, and now we are just waiting for the implementation of the currency supply process."

The meeting also presented a report on the need of large mining companies and mining industries for Hepco's products and services program, including the construction of excavators, loaders, dump trucks, etc. In addition, due to the existence of a plan to rehabilitate and activate small and medium-sized mines, it was decided that the two sides will present their capabilities and needs.

* ILNA