Iran’s Yazd to Benefit from IDB Loan

The Islamic Development Bank (IDB) is preparing to grant a 10 million euro loan to Yazd Rubber Industries in central Iran. The company will use the loan to acquire raw materials.

Yazd Rubber Industries specialises in the manufacture of tyres and inner tubes for bicycles, motorcycles, passenger cars and light trucks, and – according to the company – produce ranges of both summer and winter tyres.