Over $446m of facilities to be granted for mechanization of agriculture

February 27, 2018

TEHRAN- Head of Mechanization Department of Iran Agriculture Ministry predicted that 20 trillion rials (about $446.8 million) of facilities will be allocated for mechanization of domestic agricultural sector during the upcoming Iranian calendar year (starting March 21), IRIB news reported on Monday.

According to Kambiz Abbasi, 12 trillion rials (about $268 million) of the facilities will be supplied via credit lines and the rest will be provided from implementation of the law of supporting expansion and creating sustainable jobs in this sector.

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