Saturday, 03 June 2023 07:15 GMT

China aims to spend USD250m to build hypermarket project in Iran

(MENAFN) Beijing Construction Engineering Group (BCEG) recently announced that it intends to invest a total of USD250 million in a project for making a hypermarket of construction materials in Iran.

Moreover, the Chinese firm added that It has inked a memorandum of understanding (MOU) alongside the Iranian Omran Holding Group in Tehran.

Never the less, sources posted that the MOU was agreed by the CEO of C.S.P.O Mahmoud Eslamian, the Managing Director of Iranian Omran Holding Group Amir Hossein Karimi, as well as a director from BCEG.


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