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Khatami: Iran determined to raise steel production to 5 million tons annually

President Mohammad Khatami said that Iran is determined to raise the volume of its steel production to 5 million tons annually, IRNA reported from Isfahan.

He made the remark during a visit to the town of Lenjan in this central Iranian province Saturday morning.

Addressing a crowd gathered in Lenjan, Khatami referred to the government's determination to raise the status of industry and agriculture in the country, and said there will be not letup in efforts to increase national production levels in all economic sectors.

He also referred to the problems and assets of the town of Lenjan, and said rls 10 billion in credit has been allocated to create more jobs for the city's residents.

The president is in Isfahan province to inaugurate two grand industrial projects--the Saba Steel Complex and a tin-manufacturing plant.

The projects that are to go on stream are Saba Steel Complex and a tin-manufacturing plant.

In short remarks delivered upon his arrival in Isfahan airport, Khatami said that implementation of the two economically important projects will prove the skill and determination of Iranian experts.

Referring to the Fourth Five-Year Development Plan, he said that its main thrust was on "nationwide physical planning" which, he hoped, would propel projects that would help create a "regional balance" and lower the country's economically depraved population.

Saba Steel Complex, which is being designed and constructed by Isfahan Steel Mill, is expected to add a total of 700,000 tons of steel to the country's annual production.

Rls 930 billion and another dlrs 377 million has been spent on the project which offers direct employment to 600 with another 7,200 in indirect jobs.

The president will also take part in the opening ceremony of a tin sheet manufacturing plant in the town of Mobarakeh in this central Iranian province this afternoon.

Rls 250 billion and another dlrs 60 million has been spent on the project which is expected to produce 100,000 tons of tin-plated sheets annually.

... Payvand News - 8/9/03 ... --

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