Volume. 12228
Iranian expatriate to invest in Shush tractor manufacturing project
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DEZFUL, Khuzestan Province- Mehdi Firouzi, an Iranian expatriate living in Germany declared his willingness to make investments in the construction of a tractor and agricultural machinery manufacturing unit in the Shush County of Iran's southwestern province of Khuzestan.
The factory will be constructed in Shush Special Economic Zone at the estimated cost of €50 million providing jobs for over 500 people, the IRNA news agency quoted Shush Governor Reza Nejati as saying on Saturday.
This industrial unit is projected to come on stream in the first half of the next Iranian calendar year, which will begin on March 21, 2015, with the annual output of 10,000 tractors as well as other agricultural machineries. 

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