S. Korea invests €200 mln in Iran's agriculture

Young journalists club

News ID: 7385
Iran » Iran
Publish Date: 19:46 - 23 January 2017
South Korea has made €200 million investment in Iranian agriculture center.
S. Korea invests €200 mln in Iran's agricultureThe investment on manufacturing agricultural machinery came after South Korean President Park Geun-hye visited Iran a few months ago, said a presidium member of Iran Fertilizer and Spraying Producing Association Mohammad-Reza Sharifi.

"Following agreements, South Korea made a €200 million investment in Iran in producing agricultural machinery, including tractors with 18-20 steam engine power,” he said.

"The first phase of its firm will be inaugurated by the next 6 months.”

He continued that rice combine harvester is another achievement of working with South Korea which would come true in the near future.

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