Creating investment opportunities in upstream industries of Khalkhal mines

Creating investment opportunities in upstream industries of Khalkhal mines
  • 2020-10-18
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Governor of Ardabil: With the arrival of the investment company of Shasta Social Security Organization in Khalkhal region, the necessary ground will be created for investment in the upstream mining industries of this city.

According to the International Iranian Stone Exhibition, Akbar Behnamjoo added in a meeting to review the investment capacities of Khalkhal: "This city has abundant mineral reserves and the necessary measures are being taken to attract investors to set up upstream industries."

He said: "In addition to the extraction of various mines, upstream industries such as cathodes and ferrosilicon have also been created in this region, and by investing in this field, the field of processing and job creation will be provided and expanded."

The governor of Ardabil, referring to the high investment potential of Shasta Company, called for the entry of this company to invest in various fields of mining, agriculture, animal husbandry and participation in completing the activity phases of the factories of this city.

Behnamjoo, referring to the use of the project capacity of Khalkhal Cement Factory by Shasta Company and also the arrival of this company to revive the semi-closed chipboard factory of this city, added: Khalkhal has the field of investment in many areas and one of the important needs of this city is attracting new investments. The necessary support and cooperation is provided in this regard.

The people's representative of Khalkhal and Kowsar cities in the Islamic Consultative Assembly also said: these cities need serious attention of the officials to solve the root problem of unemployment in this region.

Seyed Ghani Nazari of Sadat Monastery added: the neglected capacities of this region should be used in order to create sustainable employment.

He said: "Despite the existence of capabilities and capacities of the region in the discussion of minerals and construction materials, the sale of raw materials has caused this great God-given capacity to have no benefit for the people of the region."

He added: "The existence of mines, livestock capacities and climate suitable for horticulture are among the points that can be effective by investing in these sectors in order to create sustainable employment."

The representative of Khalkhal and Kowsar people in the Islamic Consultative Assembly called it important to invest in this city to prevent the sale of raw materials and called for attracting investors and the participation of Shasta Investment Company in this regard.

The CEO of the Social Security Investment Company (Shasta) also announced the company's large investment in the field of mines and animal husbandry development in Khalkhal city.

Mohammad Rezvanifar added: "This company has put on its agenda in the field of mining exploration in the mining zone of the region and also the exploitation of the mines pre-explored by Omidro company in the southern region of Ardabil province."

* IRNA