Iran, Turkey ink trade pacts worth $100m

Social Security Investment Company of Iran (Shasta) and Turkish companies signed agreements to execute construction projects and renovation operation in Arvandan shipyard.

Meanwhile, the first Iranian-made Catamaran fast ferry was officially delivered to Turk side.

The ceremony was in the presence of Shasta Managing Director Reza Norouz-zadeh and Managing Director of “Muff-Invest’ Investment Company of Turkey Firat Yilmaz and Managing Director of ship-building Company ‘Shes Makina’ Zaynal Klickly.

The projects worth around 100 million dollars will be financed by Turkish side.

Document to deliver Catamaran vessel was also signed between senior officials of Shasta and Muff-Invest.

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