Iran ready to construct industrial city in Egypt
Azerbaijan, Baku, August10 / Trend /
Iran is ready to boost cooperation with Egypt in the fields of industry, transportation, tourism, and food, Mehr News Agency reported, quoting the Deputy Minister for International Mining and Trade Ahmad Khadem-Almaleh.
"Iran's Ministry of Mining and Trade has 45 to 50 percent of country's economy in the service of Egypt's industry and trade sector", he said.
Iran is ready to construct a food industry in Egypt, with the help of Egypt's private sectors, and to transfer technical knowledge of food industry production.
Despite other countries, Iran does not seek political advantages from Egypt due to common beliefs with the people of Egypt. Iran is ready to transfer technical knowledge in order to produce industrial products in this country, he added.
Iran's private sector is ready to form a production consortium and cooperate with Egypt's private sector.