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Italian firm ready to build mining machinery factory in Iran

Iran Materials 21 February 2014 15:09 (UTC +04:00)

Baku, Azerbaijan, Feb.21

By Fatih Karimov - Trend:

Italian company, Danieli, has expressed its readiness to establish a factory in Iran for manufacturing mining machinery, ISNA reported on February 21.

Danieli's CEO Gianpietro Benedetti made the remarks at a meeting with Iranian Deputy Industry Minister Mehdi Karbasian in Tehran.

Currently, a steel plant is being built by Danieli in Iran's city of Shahreza, in Isfahan province, he said, adding that the project will be inaugurated by in the next 15 months.

An Italian business delegation will soon visit Iran to explore investment opportunities in the Islamic Republic, Press TV reported.

The delegation headed by Chairman of the Italy-Iran Chamber of Commerce Rosario Alessandro, will start a four-day visit to Iran on Saturday, the press office of the Iranian Embassy in Rome, said.

The delegation will hold bilateral meetings with their counterparts from Iran's Chamber of Commerce, Industries and Mines.

The Italian businessmen will also meet with the president of Iranian investment organisation, Saeed Nikzad Larijani, and some officials at Iran's Industry, Mines and Trade Ministry.

They will also take part in a conference aimed at introducing economic, commercial and foreign investment potential in Iran.

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