Beirut Boat Top Banner
 
Monday, January 22, 2018
Directory Directory Subscribe
Login
 

Iran invests big to boost agricultural mechanization

 
 

Please, enter data

Please, enter data

XINHUA, 14 July 2017

The Iranian government will speed up agricultural mechanization by allocating more funds, Financial Tribune reported on Thursday.
 
About 395.5 million U.S. dollars will be invested in agricultural mechanization in the current Iranian year, which ranges from March 2017 to March 2018.
 
The investment is 25 percent more than that of the past year, said the head of the Agricultural Mechanization Expansion Center with the Ministry of Agriculture.
 
"About 211 million dollars, 80 million dollars and 40 million dollars will be allocated to the fields of farming, horticulture, livestock and poultry respectively," Kambiz Abbasi said.
 
He added that "20 million dollars will be invested in fisheries and seafood, and 10.5 million dollars in medicinal herbs."
 
Since President Hassan Rouhani took office in August 2013, a total of 1.38 billion dollars of investments have gone into the mechanization of different fields of agriculture, said Abbasi.
 
According to the report, the share of mechanized rice farming has risen from 12.5 percent to 80 percent over the past four years.
 
"The incumbent government has invested a record high of about 156 million dollars in the mechanization of rice production," Abbasi said.
 
Mechanization has helped lower costs of production and harvest and increase productivity, he said, adding that rice production in 250,000 hectares of paddy fields have become automated over the past four years.
 
The volume of agricultural waste in Iran is twice the global average. Currently, up to 30 percent of agro products go to waste in the country during the pre-harvest, harvest, post-harvest and supply stages.
 
According to the Food and Agricultural Organization, 1.3 billion tons of food, mainly fruit, vegetables, fish and grains, are wasted globally every year and Iran is responsible for 2.7 percent of it, equal to about 35 million tons of the total sum.
 
Old machinery is the main culprit contributing to agricultural waste, which is said to cost Iran's economy over 5 billion dollars annually.
 
Last year, Iran imported renowned brands of rice planting machinery, heavy tractors, combines and orchard tractors, Abbasi said, adding that most of the imports came from Germany, Italy, France, South Korea and Japan.
 
Iranian government has also plans to invest some 870 million dollars to modernize irrigation systems across the country this year, Iranian Deputy Agriculture Minister Alimorad Akbari said.
 
XINHUA
14 July 
  COMMENTS
Login to Add Your Comment  (for subscribers) | Subscribe

 

Latest News

GCC needs to invest $131 billion to meet five-year power demand
Arab Business News, 19 January 2018

GCC needs to invest $131bn to meet five-year power demand
GCC needs to invest $131 billion to meet five-year power demand
International tourists reached 1.32 billion in 2017 on global economic upswing
Business Mirror, 19 January 2018

IN spite of rising security and safety risks, people the world over are still traveling beyond their borders.
 
International tourists reached 1.32 billion in 2017 on global economic upswing
Qatar: Ashghal’s ‘Infrastructural Drive’ is driven by Necessity
Doha News, 18 January 2018

Public Works Authority (Ashghal) is taking up new infrastructural projects to meet expanding need to urbanise the country’s landscape.
Qatar: Ashghal’s ‘Infrastructural Drive’ is driven by Necessity
Easier transport would boost Turkey-Qatar trade ties
Anadol Agency, 17 January 2018

Easier transport would boost Turkey-Qatar trade ties
Back to Home Page 3024 --- 0 <><><> 480.....exvideo=0....eximage=0
P -1
BR 0

Wet Infrastructure Summit

 
4th Annual Future Landscape & Playspaces Abu Dhabi
29 - January 2018
MOI Innovation Summit
5 - February 2018
Future Traffic Security
8 - February 2018
3rd Annual Mosque Design & Development Summit
1 - April 2018
4th Annual RetrofitTech Dubai Summit & Awards
10 - April 2018
 
  View more  

Market Indecies
 
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%
 

Future Landscape & Playspaces Abu Dhabi

Quick Links
  Reports  
  Articles  
  Brochures & Flyers  

Up-coming events
  Agriteq - 13 March - 15 March 2018  
  Project Qatar - 7 May - 10 May 2018  
  Qatar StoneTech - 7 May - 10 May 2018  
  Heavy Max - 7 May - 10 May 2018  
  Qatar Hospital Build - 7 May - 10 May 2018  
  Qatar School Build - 7 May - 10 May 2018  
  Qatar Sports Infrastructure - 7 May - 10 May 2018  
  Qatar Transport & Logistics - 7 May - 10 May 2018  
IFP Group Events Calendar

Magazine sections
  Finance  
  Zoom  
  Growth Markets  
  Regional Overview  
  Editorial  
  Tips and Tricks  
  Spotlight  
  Home Finance  
  Our Meetings
 
  Focus
 
  News
 
  Legal Issues
 

 

               
IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Lebanon
Beirut Boat
Energy Lebanon
Project Lebanon
Qatar
Agriteq
Heavy Max
Project Qatar
Qatar Hospital Build
Qatar School Build
Qatar Sports Infrastructure
Qatar StoneTech
Qatar Transport & Logistics
Iraq
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
 
 
  IMC
IFP Group 2018 - © All rights reserved