VOL. XXXVI
NO. 32
10-MAY-1993
IRAN
Financial Troubles Threaten Construction Of Khorasan Fertilizer Plant
The Iranian news agency IRNA has reported that the construction of theKhorasan Petrochemical Complex, located in the town of Bojnurd, is threatenedwith stoppage due to the fact that the company is unable to secure financing.IRNA quoted a company official as saying that the main problem lies in obtaininga loan of IR300bn ($182mn at the official rate) to cover current expenditure.The official,...
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