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Iran Launches 120 Projects Across 28 Provinces in Defense and Energy Sectors

DEFENSE

Iran's Ministry of Defense inaugurated 120 projects across 28 provinces, focusing on defense and energy sectors, with a total investment exceeding 622 trillion rials. The initiative includes 55 defense-related projects and various non-defense initiatives in water, electricity, oil, gas, and food security, aimed at saving approximately 1.2 billion euros annually in foreign currency. The projects, supported by nearly 9,000 companies, are financed through citizen investment and banking facilities.

Iran Launches 120 Projects Across 28 Provinces in Defense and Energy Sectors
Feb 4, 2026, 4:37 PM

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