The Iran Project

ECO Bank allots funds to land irrigation project in Iran

The Economic Cooperation Organization’s Trade and Development Bank (ECO Bank) has allocated €4 million to a land irrigation project in Western Iran, IRIB reported.

Some 20,000 hectares area of land in the region will be irrigated.

In March, the Islamic Development Bank and the ECO Bank allocated €377 million to Iran’s water and wastewater projects.

The ECO Bank is a multilateral development bank established on August 3, 2005 by Iran, Pakistan and Turkey.

By Azer News

 

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