Turkey and Iran signed Monday a memorandum of understanding envisaging cooperation in the construction sector.
The memorandum, signed by Turkish Public Works & Housing Minister Mustafa Demir and Iranian Minister of Housing & Development Ali Nikzad in Tehran, envisages exchange of information and experiences regarding the construction sector, cooperation in public housing projects, research and training of experts, production of construction materials and utilization of products of latest technology.
According to the memorandum, the Turkish and Iranian ministries of housing will set up technical committees to discuss areas of cooperation, moreover, officials from both ministries will pay mutual visits once a year.
Speaking at the signing ceremony, Turkish Minister Demir said his visit to Iran had been fruitful and it would contribute to the further improvement of relations between the two countries.
Demir said that Turkish construction companies had started to take part in several projects in Iran, adding they were eager to participate in a public housing project aiming at building 1 million residences.
The cooperation in construction sector could contribute to achieving USD 30 billion trade volume between Turkey and Iran, Demir also noted.
Iranian Minister Nikzad said in his part that Iran wanted to strengthen its cooperation with Turkey in all areas.
Nikzad said the memorandum of understanding envisaging cooperation in construction sector would contribute to the improvement of bilateral relations between Turkey and Iran.
As part of his visit to Iran, Minister Demir earlier held talks with Iranian Minister of Industries & Mining Ali Akbar Mehrabian and Minister of Labor & Social Affairs Abdol Reza Sheikh-ol-Eslami.
Demir is expected to return to Turkey on Tuesday.
AAGüncelleme Tarihi: 19 Temmuz 2010, 15:37