Bloomberg News

Iran Invests in Zimbabwe Tractor-Assembly Plant, Press TV Says

February 26, 2012

Iran has invested $3.5 million in a jointly-built tractor assembly plant in Zimbabwe, the state-run Press TV news channel reported, citing Mohammad Pournajaf, Iran’s ambassador to the African nation.

The Motira project in Zimbabwe’s capital Harare began in 2010, according to Press TV’s website, which gave no details about the facility’s total cost.

To contact the reporter on this story: Ladane Nasseri in Dubai at lnasseri@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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