http://www2.irna.com/en/news/view/line-18/0710123980110409.htm
*UAE to invest in Hormuzgan projects* The UAE-based Investors are keen to invest in Hormuzgan. A group of Iranian investors based in the United Arab Emirates (UAE) are keen to invest in economic projects of the Hormuzgan province. Investors -the majority of whom are originally from the Hormuzgan province- were encouraged by President Mahmoud Ahmadinejad during his recent visit to UAE to come to Iran for investment. The investment plans by the prospective investors include the construction of a cooking oil refinery in Bandar Abbas valued $300 million, an iron factory valued $500 million and the construction of two industrial sites valued around $22 million each. Deputy Governor General of Hormuzgan province asserted that investment by these investors will create a total of 8,000 jobs in the province. [Non-text portions of this message have been removed]
