Iran

Iran carrying out $3.2b worth of water and power projects overseas

images (35) Iran is currently implementing 59 water and power contracts, valued at $3.198 billion, overseas, Iranian deputy energy minister Esmaeil Mahsouli announced on Monday.
Iran has also invested $1.453 billion to complete 213 projects in these fields in other countries, IRNA quoted him as saying.

Some 45 Iranian companies have launched water and power projects in 40 countries, mainly in Central Asia, Middle East, Latin America, and Africa, he explained.

Iran has reached self-sufficiency in producing equipments for the domestic power electricity industry, according to officials.

The country has signed a couple of technical and engineering projects in recent years in the fields of energy in several Asian and African countries.

Iran aims to export $4.5 billion worth of technical and engineering services in the current calendar year.

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