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NewsIran’s Mining and Mineral Ranking to Promote: IMIDRO Chief

Iran’s Mining and Mineral Ranking to Promote: IMIDRO Chief

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2018/03/11Date:




Mehdi Karbasian Chief Executive of Iranian Mines and Mining Industries Development and Renovation Organi-zation (IMIDRO) said, “by commissioning current projects in the mining and mineral sector, the country will witness the promotion of Iran’s global ranking in the production of mines and mineral.”

According to a report released by the Public Relations Department of IMIDRO, Iran’s mining and mineral sector will be promoted in the international level.

Speaking in 5th Conference of Productivity of Iranian Mines and Mining, held at Jaber ibn Hayyan Amphitheater of Tarbiat Modaress University, the IMIDRO chief put Iran’s current mining and mineral rank at 15 among world countries and said, “commissioning current mining and mineral projects will promote the current status of the country in the relevant field.”

He pointed to the productivity-free management issue and said, “over the past years, meritocracy has not been materialized and the said issue has been raised in the form of lip service.”

Oil-driven economy has always been overshadowed the decision-making processes and is a barrier ahead of productivity growth rate.

Turning to this point that Iran lags behind the world in terms of technology, he said, “China managed to revive its economy with foreign capital and knowledge. Here, entrance of foreign investment or FDI plays an important role in materializing most economic objectives of the countries.”

Elsewhere in his remarks, the IMIDRO chief put the productivity share in economic sector at about six percent while the country’s share on nonoil exports stands at about one-fourth i.e. 25 percent.
Source: TEHRAN TIMES