Baku, Azerbaijan, Dec. 9
By Emil Ilgar – Trend:
The revenues of Iran Shipbuilding & Offshore Industries Complex Co (ISOICO) increased five times since 2011, CEO of company Hamid Rezaian Asl said.
“The revenues increased from 900 billion rials in 2011 to 5,250 billion rials in 2016”, IRNA quoted him Dec.9.
Recently ISOICO and Netherlands’ Royal IHC signed a memorandum of understanding (MoU) for cooperation in shipbuilding industry.
It also signed a deal with South Korean Hyundai to launch a joint shipbuilding venture.
