Semnan Province explores foreign funding for Finsak Dam

Officials in Semnan Province are exploring foreign financing options to complete the construction of the Finsak Dam project. A key focus of recent discussions involves utilizing resources and facilities from the Islamic Development Bank to secure the necessary funding.

Mohammad Reza Kazemi, the Director General of Economic and Financial Affairs for Semnan, emphasized that sustainable water supply is a strategic necessity for the province's economic development. He noted that securing infrastructure projects is essential for supporting industrial and production activities and creating a stable environment to attract further investment. The province is currently investigating various legal and executive pathways to leverage international financial institutions for these critical infrastructure needs.