Posted by meb at March 20th, 2009

IMFA Group, India’s leading manufacturer of ferroalloys, is planning to invest in the Central Anatolian province of Sivas, the Sivas Chamber of Commerce and Industry (STSO) said in a statement on Thursday.

The province is home to rich underground mineral reserves, the statement noted.

IMFA Group will cooperate with Turkey’s Yazici Group in its investment, the statement said. IMFA Group General Director Arvind Mishra paid a visit to the STSO’s headquarters as part of his research into investment opportunities in Sivas and had talks with the STSO Chairman Osman Yıldırım on Thursday.

During the visit Yıldırım said that vacant land would be allocated to IMFA Group free of charge in Sivas’ Organized Industrial Zone for the company to build a factory.
source: Today’s Zaman

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