Iran may build an aircraft parts plant in Dagestan. This was reported by the press service of the republic's government following a meeting between Dagestan Prime Minister Abdulmuslim Abdulmuslimov and representatives of the Iranian airline Pars Golden Sky.
Source: moscowtimes.eu
According to the agency, Iran has offered to open aircraft and spare parts repair facilities in Dagestan, as well as to organize a "thunderstorm hub" in the Caucasus region. The project will increase the number of international flights and destinations available for passengers and cargo flights.
Pars Golden Sky Airlines is ready to provide trained personnel, equipment, and a management system that will help create an "aviation hub," the regional government added.
Over the past fiscal year, Russia became Iran's largest investor. Russian companies and businessmen invested $2.76 billion in the country, Finance Minister Ehsan Khandouzi told the Financial Times.
At the same time, Afghanistan, which ranked second in terms of investments in Iran, invested only $256 million, meaning that Russia outspent its closest pursuer by more than 10 times.
The main areas in which Russian businesses invested were projects in the industrial, mining, and transportation sectors. Last year, Gazprom and the National Iranian Oil Company signed a memorandum of understanding on strategic cooperation in the oil and gas sector. The amount of investment could reach $40 billion.
Russia and Iran are also jointly building a transportation corridor that will allow the supply of goods across the Caspian Sea and Iranian territory to the port of Chekhbehar. The total investment could reach $25 billion.
In addition, Russia's largest airline, Aeroflot, which has lost the ability to use the services of Western companies, has begun repairing its aircraft in Tehran.