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Iran allocates over 600m dollars to renovate textile industry, minister says.
(From BBC Monitoring International Reports)
A total of 100m dollars has so far been allocated from the currency reserves fund to the country's textile industry. The amount will be used for renovation and refurbishment of the textile industries.
At the opening ceremony of three manufacturing-industrial projects in an eastern district of Tehran, the mines and industries minister [Eshaq Jahangiri] said: Over 600m dollars of credit has been allocated to operating banks from the hard currency reserves fund for the renovation and refurbishment of textile industries.
Speaking about the necessity of the renovation of industries and their role in the development of the ...
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