French Firm to Invest €10m in Lorestan

France’s Aqualande Cooperative Group is to invest €10 million in fisheries industries in the western Iranian province of Lorestan.

Company CEO Vincent Pitti described Lorestan as a province with great investment potential adding:

The region is truly convenient for investment in the production of eyed salmonid eggs.

“The capital will be devoted to the creation of a large unit for annual production of 250 million eyed eggs.”

Iran Daily reports that the head of Lorestan Agricultural Jihad Department, Mehrdad Qazanfari, said the French delegation has approved the quality of water for producing baby salmon after conducting studies in the region.

He added that the province’s annual output of 20 tons of salmon and reproduction of 130 million baby salmon means that Lorestan ranks first in cold-water fish production among non-coastal provinces.

With the construction of the salmon breeding complex by the French company, the country will no longer need to import the fish,” he added.

Lorestan’s Governor, Houshang Bazvand, also stressed the need for the necessary infrastructure including access roads and electricity for the construction of the complex.

(Source: Iran Daily)

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