Publish Date: 2 February 2021 - 10:29

German firm to make euros 107m investment in Kermanshah

Kermanshah, Feb 2, IRNA -- A German firm will make euros 107 million investment to launch manufacturing solar panels in Kermanshah, deputy chairman of Kermanshah Governorate-General for Economic Affairs said on Tuesday.

Hedayat Hatami told IRNA that the German firm is due to launch the manufacturing compound in Ravansar County.

According to the Economic and Financial Affairs Department of Kermanshah Province, the investor is to work on a land area of 10,000 hectares of the plan and create jobs for 250 people.

The German company has said that it would augment its investment to 350 million euros if it receives the required permits.

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