In recent years, MAPNA Group has placed massive emphasis on expansion of its activities into new businesses in order to keep up the growth rate of the company. To achieve long-term objectives, including diversification of activities, investment in new fields is deemed as the first step. A number of projects which are commissioned or under construction come in the following:
Drink water bottling project in Qeshm Island in MAPNA Qeshm Water and Power Generation Plant was approved by the higher management of the company which decided on the project based on feasibility studies and economic cost and benefit analysis. The project has a nominal capacity of 10,000 bottles per hour, which would consume 200 cubic meters of the water generated by the power plant. Project will be carried out in a patch of land of about one hectare, which has included the land necessary for future expansion of the project.
The project will incorporate facilities manufactured locally inside the country; European partners will provide some other machinery and major facilities. Project will be launched according to policies decided before.
Islamic Republic of Iran’s Railways requested MAPNA Group to procure and rent 150 freight locomotives; major contractors to the investment project are MAPNA Locomotive Engineering and Manufacturing Co. and its foreign partners, owners of the technology.
Limitations of the project
Project includes procurement of 150 two different classes of freight locomotives for renting to Islamic Republic of Iran Railways: