Allocation of $ 3.3 billion in facilities to the mining sector
Managing Director of the Bank of Industry and Mines: The mining and mineral industries can play an important role in the economic cycle of the country, and in the 10-year period of the bank's performance, 3 billion and 302 million dollars of facilities were granted to this field.
According to the Iran International Stone Exhibition, Hossein Mehri explained at the signing ceremony of the tripartite agreement on granting mining facilities at the Ministry of Industry, Mines and Trade: The last 10 years from the tripartite agreement (Ministry of Industry, Bank of Industry and Mines and Insurance Fund Mining activities investment (7200 billion Rials) for small and medium projects was done by the Resource Bank.
He reminded: The largest share of allocated resources belonged to the provinces of Khorasan Razavi, Isfahan and Khuzestan.
The eleventh and twelfth governments set one of their plans to activate seven steel projects, which started in the second half of 1392, and with the support of the National Development Fund and the allocation of the Bank of Industry and Mines, these projects were gradually activated.
Sepid Dasht Steel (Chaharmahal Bakhtiari), Neyriz (Fars), Ghaenat (South Khorasan), Shadegan (Khuzestan), Miyaneh (East Azerbaijan), Baft (Kerman) and Sabzevar (Khorasan Razavi) are seven provincial steel projects with a capacity of 800,000 tons to one million tons are designed.
Mehri pointed out: The bank paid 65,850 billion rials from domestic sources in 14 mineral fields, of which 23,800 billion rials were allocated in fixed form and 42,080 billion rials in working capital.
He added: The allocated resources were allocated for 11 steel designs and related chains, 6 cement designs and 14 ceramic tile designs.
The CEO of the Bank of Industry and Mines said: This bank maintains the facilities in the form of funds managed from the credits of the Ministry of Industry in 1399-1398, and another from the sources of subsidized integrated facilities from the credits of the Ministry of Industry in those years separately and performance report. Provides.
According to him, the facility is envisaged for a 60-month period, which includes 6 months of participation, 6 months of respite and 48 months of repayment.
Mehri emphasized: "Today, the country's economic policies in the mining sector focus on processing minerals and avoiding the sale of raw materials, and this can be implemented with the financial support of the bank."
Also at the ceremony, Saber Sanaei, a member of the board of directors of the Mining Investment Insurance Fund, said: "The tripartite agreement has been on the agenda of the three parties for years, it was suspended for a while, but now a new round has begun and the fund has it.
According to him, the fund insures 120% of the principal and interest of the facility and the applicants are introduced to the bank.
Sanai added: the facility ceiling of 80% and 20% is brought by the applicant and in the managed funds section, 25% is brought by the applicant.
* IRNA
