1124 GMT July 21, 2018
According to IRNA, Akbar Samadi further said, "Iran, in cooperation with Chinese investors, will launch a production unit in the industrial town to manufacture LED lamps."
Samadi added that over 200 jobs would be created once the first phase of the factory is completed. "Chinese investors are trying hard to open the factory and produce nearly 12,500 LED lamps per day," he added.
The construction of the company is aimed at reducing the import of LED lamps and creating more jobs.
Iran imported more than 2,000 tons of LED lamps worth $19 million during the year which ended on March 20, 2018, according to figures released by the Islamic Republic of Iran Customs Administration.
The main exporters of the product were China, Germany, the UAE, Turkey and South Korea.
LED lamps use light-emitting diode and have a lifespan and electrical efficiency that are several times greater than incandescent lamps. These are significantly more efficient than most fluorescent lamps.