June 21, 2007

Iran to unveil homemade two-seat aircraft July 1

Iran would introduce a homemade two-seat airplane on July 1, marking the Industry and Mine Day, said a Ministry of Industries and Mines official here Wednesday.

Abdolhamid Samareh-Hashemi added the first phase of Iranian Aluminium Co. (IRALCO) with a 120,000 ton production capacity in Arak, the capital of Markazi Province, would be also inaugurated, creating 500 jobs.

He said 57 projects valued at 10.208 billion dollars and financed by foreign investors was approved in the last Iranian calendar year (ended March 20, 2007), showing a 538 percent increase when compared to that of its preceding year.

Source: mehrnews.com

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