Iran’s President Mahmoud Ahmadinejad has inaugurated a major industrial gas production company in the northern city of Rasht in Gilan Province, where he is expected to launch several other industrial and development projects as well.
During the Tuesday ceremony, President Ahmadinejad launched the new production line of the industrial gas company at Khazar Steel Mill Complex in Rasht.
The newest unit of the industrial complex has the capacity to produce 70,000 cubic meters of variety of gaseous products such as oxygen (O2), nitrogen (N2) and argon.
Nearly 350 billion rials (about USD 280 million) was invested in the new project at Rasht’s industrial town.
The Iranian president toured different parts of the new production unit on Tuesday and was briefed on its various functions as well as industrial and output capabilities.
Earlier, President Ahmadinejad had also inaugurated a new development project at Khazar Tile Production Company in Rasht.
The new development project at the tile production facility was completed with a 400-billion-rial (USD 320-million) investment, boosting its tile production capacity by 4.5 million square meters.
The new project will bring the total production capacity of Khazar Tile Company to seven million tons.