Tuesday, 17 September 2019 10:58 GMT
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Turkey, Iran team up to build multibillion energy facility




(MENAFN) Turkish private companies are expected to sign a $3 billion investment deal with Tehran to construct a 5,000 MW power plant in Iran, based on recent reports.

In April, the Islamic Republic and Turkey sealed a total of eight memorandums of understanding (MoUs) to strengthen bilateral cooperation in various areas and fields.

In accordance, the inked documents covered a wide range of grounds, including higher education, social security, plant maintenance services and standardization, among others.

All in all, The Persian Gulf Republic and Turkey have ramped up efforts in recent months to boost trade following the implementation of the Joint Comprehensive Plan of Action (JCPOA).


Turkey, Iran team up to build multibillion energy facility

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