NEWS
ECONOMY   Building Materials  

IRGC wing to construct artificial island

The Khatam al-Anbiya Construction Base, a business conglomerate and the construction wing of the Islamic Revolution Guards Corps (IRGC), plans to build an artificial island in the Persian Gulf, near Kish Island, a free zone.

Based on a memorandum of understanding (MoU) signed by the commander of the construction base, Saeed Mohammad Eslami, and the managing director of the Kish Free Zone Organization, Gholam Hossein Mozaffari, on Friday, the artificial island will be used for recreational and residential purposes.

"With the implementation of the MoU, the Kish Free Zone Organization will own the artificial island with an area of 500,000 square meters (approximately 123 acres)," Mozaffari announced.

The completion of studies and implementation of dredging operations in the eastern basin of Kish Island and the construction of the artificial island have been included in the MoU, which is an engineering, procurement, construction and commissioning (EPCC) contract, Tasnim news agency reported.

Khatam al-Anbia Construction Base is the IRGC's economic branch with four subdivisions that are active in different fields, including petroleum, energy, and communication projects.

News No: 6343
Date: 2019/09/05 - 22:54
News Source: Tehran Times

IRGC  EPCC  Kish Free Zone Organization  Khatam al-Anbiya Construction 

Comments:

Leave a Comment:

   
   
   
 

CBI Chief: Iran’s National Currency Regains Value by 21%

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati, in an Instagram post on Monday, recounted that the value of his country’s national currency has improved by 21%, adding that Tehran has succeeded in beating the US sanctions.
 

Ayatollah Khamenei: Iran to Keep Reducing JCPOA Commitments

Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei said Iran will continue to reduce its commitments to the 2015 nuclear deal until it gets the desirable results, stressing that the US policy of maximum pressure on the Islamic Republic has ended in failure.
 

AEOI Says Reducing Iran JCPOA Commitments

The Atomic Energy Organization of Iran (AEOI) gave an assurance that it would continue to scale back the country’s commitments under the 2015 nuclear deal in compliance with Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei’s guidelines.
 

Iran to Counter Smuggling with Raising Diesel Price

The Iranian government is planning to increase the heavily-subsidized price of diesel to make it more realistic and to discourage smugglers who are trafficking the fuel to the neighboring countries where the price is astronomically higher by between 58 and 95 times.
 Iranian Official:

British Tanker Seized after Accident with Fishing Boat

Director General of the Ports and Maritime Organization's office of Hormuzgan province Allah Morad Afifipour said that the British oil tanker, 'Stena Impero', which was seized by the Islamic Revolution Guards Corps (IRGC) in the Persian Gulf was seized because it ignored calls from a fishing boat after an accident in the waterway.
 

Iranian Official: British Tanker Seized after Accident with Fishing Boat

Director General of the Ports and Maritime Organization's office of Hormuzgan province Allah Morad Afifipour said that the British oil tanker, 'Stena Impero', which was seized by the Islamic Revolution Guards Corps (IRGC) in the Persian Gulf was seized because it ignored calls from a fishing boat after an accident in the waterway.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners