Banking and insuranceEconomical

Participation of Karafarin Bank in the implementation of the policy-making mine project


In order to support the development of deprived areas, the following was done:

According to the monetary financial news quoted by the public relations of Karafarin Bank, at the request of the Holding of Sustainable Economy Struggles, after studies and the approval of the Board of Directors to strengthen the infrastructure of less privileged areas and create sustainable employment, Karafarin Bank Purchased machinery and equipped and built buildings.
The project is located in Sistan and Baluchestan province, 184 km northwest of Zahedan, Nimroz city, Saberi district, Sefid Abeh village, Omar village and adjacent to Sitraragi mine. Its construction with an annual capacity of 3,000 tons began in 1399. And the construction operation is expected to be completed by mid-1401. The product type is copper cathode with 99.99% grade.
With the beginning of the initial measures, due to the proximity of the mine to Omar village, 250 residents of this village and other neighboring villages, as well as other parts of Sistan and Baluchestan province have been working to build a factory and with the development, completion and operation of The mine directly employs 200 people and indirectly employs 200 people.

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