Khuzestan announced its readiness to expand joint investment with China

The governor of Khuzestan announced the readiness of the province to develop economic cooperation with China, and announced the capacity to expand joint investment in steel industries, power plants, production of passenger cars, vans and trucks, as well as solar energy.

The governor of Khuzestan announced the readiness of the province to develop economic cooperation with China, and announced the capacity to expand joint investment in steel industries, power plants, production of passenger cars, vans and trucks, as well as solar energy.

According to the report of Ambassador Arjan of Khuzestan, Seyyed Mohammad Reza Mowalizadeh, the governor of Khuzestan, stated at the investment meeting of the province in the presence of the Chinese trade delegation: joint cooperation between Khuzestan and this country has started in areas such as steel and power plants, and there is a possibility of developing these cooperation in other sectors as well.

He added: Khuzestan is ready to cooperate with Chinese investors in the production of passenger cars, vans and trucks and can use the existing capacities to expand joint economic activities.

The governor of Khuzestan, referring to the economic capabilities of this province, said: Khuzestan has significant capacities in the fields of industry, agriculture, and services, and there are many areas for business development and investment attraction.

Emphasizing the industrial position of Khuzestan, Mowalizadeh continued: This province is considered one of the major hubs of the country's steel, oil, and petrochemical industries, and in the field of solar energy, it has suitable facilities for the development of economic activities.

He stated: The administration of the province is ready to take the necessary measures to finalize the cooperation agreements with China and provide the basis for the operational implementation of joint projects.

This meeting was held with the aim of investigating investment opportunities and developing economic cooperation between Khuzestan and the Chinese Investment Board at the governorate.

With commercial and export ports, Khuzestan has the capacity to attract foreign investment in downstream industries and export petroleum and petrochemical products; Capacities that can provide the basis for the development of economic and commercial cooperation with foreign parties.