Khuzestan Supports Chinese Investors' Presence

Ahvaz – Khuzestan's governor announced the province's readiness to expand cooperation and welcome Chinese investment across various industrial sectors, solar energy, and automotive manufacturing.

Ahvaz - The governor of Khuzestan announced the readiness of the province to develop cooperation and welcome Chinese investment in various industrial fields, solar energy and automobile manufacturing.

According to Mehr reporter, Seyyed Mohammadreza Mowalizadeh said at the investment and cooperation review meeting with China: Valuable measures have been started in various fields such as steel and power plants, and the construction of passenger cars, vans and trucks is on the agenda.

The governor of Khuzestan stated that we welcome Chinese investment in various fields and clarified: The Chinese ambassador made a trip to the province and we will meet him. I have traveled to the provinces of Beijing, Shanghai, etc. and I am familiar with the capabilities of China.

He continued: China has made significant progress in various industries in recent years. Khuzestan is also a province with significant capacities that has favorable conditions for development in various sectors.

The governor of Khuzestan said: "Perhaps there is rarely a place like Khuzestan that has potashinil in various fields of industry, agriculture and services."

Stating that Khuzestan is an industrial province, Mowalizadeh said: There are significant facilities in the province in various industries, including steel, oil, petrochemicals, etc.

He stated: It is possible to cooperate with China in the field of solar energy.

The governor of Khuzestan announced that the area of ​​the province is more than 64 thousand square kilometers and stated: There is a possibility of investing in different areas of the province, and we can have discussions in this field.

Movalizadeh added: We are familiar with the working spirit of the Chinese, and such a spirit also exists in Khuzestan. We will support Chinese investment and follow up until the memorandums are implemented.

Kingpeng, a Chinese investor, also said in a meeting with the governor of Khuzestan, which took place with the aim of investing in the province, that Khuzestan has good conditions, including the presence of a port, because it reduces the cost of transportation.

The director of Chinese Holding said: "Also, commuting and transporting goods is done easily and we are facing only one heat problem in Khuzestan."

He said: We are working on three phases in Khavaran Steel, the first phase is underway and a small percentage of its work is left, which will be launched soon, after that the second phase will begin, and planning will be done for the third phase if there are no special challenges.

Regarding cooperation with Khuzestan, this foreign investor said: We plan to do more work in Khuzestan, which will bring economic benefits to both sides.

Regarding the memorandum concluded with the governor of Khuzestan, Kingpeng said: several issues should be considered; Among other things, the traffic in the Strait of Hormuz should be done well, the necessary permits should be obtained from China, and the production line of the factory should be set up. We don't want to just talk and we intend to be fully operational.