China to Invest $3bn in Iranian Fish Farming

By John Lee.

China is planning to invest $3 billion in fish farms on Iran’s southern island of Qeshm (pictured) as well as the southern port city of Bandar Abbas.

The news follows the recent announcement that South Korea is in discussions on a similar investment.

Investors from France, Russia, Norway, Iceland, and Thailand have also expressed interest in the sector.

Iran producing some 325,000 tons of fishery products through farming each year.

(Source: Payvand)

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