Czech investors ready to participate in Iran’s infrastructural projects
Tehran, Iran, Oct. 13
By Mehdi Sepahvand -- Trend:
Czech Republic Charges d'Affaires in Tehran Petr Stepanek has said companies from his country are interested in investing in infrastructural projects in Iran.
"We have so far had good cooperation with the Islamic Republic of Iran," he said addressing a meeting of Iran's Alborz Province officials, IRNA news agency reported Oct. 13.
Pointing to willingness by Czech companies to find a way into the Iranian market, Stepanek said the companies are especially interested in investing in environmental projects.
In the same meeting, Deputy Governor General of Alborz Hirbod Masuminejad said that the provincial government welcomes environmental projects.
He said that the creation of administrative zones using renewable energy is on agenda in the province.
Masuminejad also said that Alborz is ready to launch bus and minibus manufacturing firms with the Czech Republic.
The Czech Republic is working on drafting a memorandum of understanding with Iran to facilitate the bilateral trade.
The bilateral trade amounted to $24 million last year. The two countries' mutual trade traditionally focused on industry, infrastructure, oil, energy, crystal products, and textile.
In May, Iran and the Czech Republic signed a double taxation avoidance agreement in a bid to give a boost to the bilateral trade.
Edited by CN