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January 24, 2024The Payeste Malek Ashtar Steel Complex is a foundational and transformative complex in the country’s steel production field. That’s how the chairman of the board of directors described it.

large industrial complex in Persian Gulf
The Payeste Malek Ashtar Steel Complex is a large industrial complex in the Persian Gulf. Engineer Mohammad Reza Rajali, the spokesperson, announced this at the foundation stone ceremony. The complex’s goal is to produce various types of steel products. That’s what he said while congratulating the National Day of the Persian Gulf, It will cover 100 hectares of land in the special economic zone of mineral and metal industries.

The company has invested 190 million dollars. It will create desirable employment and help achieve the country’s steel vision. The company aims to complete the steel chain of Hormozgan province, It also wants to prevent raw material sales and foreign exchange outflows from the country. That’s what he added.
The Payeste Malek Ashtar Steel Complex is a large industrial complex in the Persian Gulf. Its chairman spoke about the country’s economy.He spoke about the importance of privatization, He quoted the Supreme Leader, who also supported this principle.
He emphasized the importance of steel for the country’s economy. Steel would create value-added exports by developing downstream industries. This was in accordance with the country’s economic policies.
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Engineer Rajali spoke about the development of the large steel complex. He said they would implement some plans and sections along with the construction. These include:
- Establishing a university of applied sciences to train skilled forces
- Establishing a new branch of the Imam Zaman (AS) orphanage charity to help deprived areas
- Creating an advanced research and development center with accredited laboratories
