Qatari Company Invests $27m in Iranian Ports
October 19, 2000 - 0:0
TEHRAN A Qatari company will invest $27 million in the Iranian ports of Mahshahr and Bandar Abbas.
The memorandum of understanding for this investment was signed here on Wednesday between the officials of Qatar's Al-Sariyeh Company and Iran's Port and Shipping Organization.
Head of the Qatari company, Ahmad Al-Hashemi, told reporters that for five years the income obtained by the company belongs to Qatar; henceforth, to the Islamic Republic of Iran.
The memorandum of understanding for this investment was signed here on Wednesday between the officials of Qatar's Al-Sariyeh Company and Iran's Port and Shipping Organization.
Head of the Qatari company, Ahmad Al-Hashemi, told reporters that for five years the income obtained by the company belongs to Qatar; henceforth, to the Islamic Republic of Iran.