VOL. XLI
No. 07
16-February-1998
IRAN
Iran Seeks $1.1Bn Foreign Financing For Copper And Steel Expansion Projects
The Iranian Minister of Mines and Metals, Mr. Eshaq Jahangiri, said last week that Iranis seeking $1.1bn in foreign financing to raise domestic copper and steel production. Mr.Jahangir added that the financing will be under the buy- back model with $700mn going tothe steel industry and $400mn to the copper industry, and explained that the funding waspart of the $5.4bn of buy-back...
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