Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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China Metallurgical Group Corp, Iran Investment

description

China's state-owned China Metallurgical Group Corp has expressed interest in investing and financing projects in Iran's steel industry following a meeting held in Tehran in early January 2010.  MCC’s president Shen Heting stressed that a partnership with the Chinese firm would bring with it financial backing from Chinese banks. 

Status

  • Current Status:
  • Discussion Date: Mon, 2010-01-18
  • Contract Date:
  • Completion Date:

Citation

1. "China may help finance Iranian steel projects", Steel Business Briefing, 18 January 2010, available at http://www.steelbb.com/us/?PageID=157&article_id=71135.

2. "China keen to finance Iran steel projects", Tehran Times, 17 January 2010, available at http://www.tehrantimes.com/index_View.asp?code=212322.

All projects by China Metallurgical Group Corporation