Italian Firm to set up Private Iranian Bank

The Managing Director of Chabahar Free Trade and Industrial Zone, Hamed Ali Mobaraki, has said that Italian company Italconsult is willing to invest in setting up a private bank at Chabahar Free Trade Zone.

He is also quoted as saying that Italian investors have said they are ready to contribute to such infrastructural projects as establishment of petrochemical industries, airports and railways in the region.

Mobaraki said the Italian company can serve as a consultant to the banking projects.

(Source: IRNA)

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