Hepco's first contract was signed with the mining sector
Hepco's first contract with the mining sector was signed. Imidro has started the revival of Hepco since this summer.
According to the International Iranian Stone Exhibition, Hepco has recently signed a contract with one of the domestic mining companies to supply 30 dump trucks. The manufacturer of mining and road construction machinery is supposed to supply equipment and produce 40 ton dump trucks under this contract. In this contract, the Mining Investment Insurance Fund (a subsidiary of Imidro) acts as a backup and provides 80% of the required currency.
Hepco is also planning to sign other contracts. Gharibpour, Imidro's Chairman of the Board, announced in mid-September during a meeting with shareholders and senior managers of Hepco and the Mining House that the company is on the verge of signing contracts with domestic applicant companies due to the conditions created to facilitate Hepco's activities. Hepco CEO Mohammad Rafiei also said that the company's burden had remained on the ground for 13 years.
Earlier, Imidro, in order to lead the development and empowerment of the country's mining sector, had paved the way for the signing of 5 HEPCO agreements with the country's mining and mining industry leaders. According to Gharibpour, the signing of the relevant memorandums has been done by holding seven sessions to follow up on the revival of this old producer of mining and road construction machinery.
Imidro had commissioned the Mining Investment Insurance Fund (Imidro subsidiary) to support the implementation of the contracts.
