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Italy has opened a line of credit for its companies to invest in Iran`s water and electricity industries. said Iranian Energy Minister Hamid Chitchian.
He said the credit line will be used in Iran’s water and electricity industries.
The Iranian energy minister said that an Italian company has built the equipment for Iran’s first geothermal power house which will be installed soon.
“Another important initiative is construction of more than 7.000 MW in steam section of the country’s gas power stations in a bid to increase efficiency by 1.5 times and significantly reduce greenhouse gas emissions.” he added.
In late January. a senior industrial official announced that Tehran and Rome have agreed to boost cooperation in the form of technology transfer.
Iran and Italy have agreed on expanding cooperation in the form of technology transfer. Managing Director of Iran`s Industry Property Office Seyed Mehdi Mirsalehi told reporters.
He reiterated that Iran has launched a joint project with Italy and the United Nations Industrial Development Organization (UNIDO). and said. Two representatives from Italy’s Ministry of Industry attended joint Iran-UNIDO meetings.
Misrsalehi underlined that the project aims to support small- and medium-sized industries of Iran in the form of technology transfer from Italy to Iran.
He said that the project can result in boosting trade between the two countries` small- and medium-sized enterprises and their cooperation with the international markets.
