Iran, Turkey to build industrial town

Wed 17 March 2010 17:01 GMT | 22:01 Local Time

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Iran and Turkey are due to construct an industrial town in Iran's northwestern border city of Makou, an Iranian official announced on Tuesday.

"Based on the agreements made (during a visit) by the Islamic Republic's officials to Turkey, the industrial zone and town is due to be established at Iran- Turkey joint borders," Makou's Governor Hamid Ahmadian said.

Ahmadian also reiterated that representatives of Iranian President Mahmoud Ahmadinejad have visited the location for building the town in Makou in a move to provide the ground for the implementation of the plan.

He further name Bouralan as among the proposed regions in Makou for the implementation of the project.

Iran and Turkey have in recent years boosted their cooperation in the different fields of economy, security, trade, education and culture.

Earlier this month, Iranian and Turkish officials signed a Memorandum of Understanding (MoU) to expand mutual cooperation in different industrial fields, specially in textile, auto-manufacturing and power industries.

The agreement prioritizes cooperation in a number of fields, namely auto-manufacturing and supply of spare-parts, construction industry, agricultural machinery and equipment industries and wood and paper industries.

Also in the document, Iran and Turkey stressed the necessity for supporting private sector and international trade in a bid to make reciprocal investments and investment in third countries.

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