Iran to launch Venezuelan cement factory in March

Published 16 January 2012

Tagged Under: New project Iran Venezuela 

Iranian-built cement factory in Venezuela "Cerro Azul" is to be launched in March 2012, according to local press reports.

Iranian Ehdas Sanat Company signed a contract with Venezuelan government in 2005 for building the cement firm in the country costing US$198m. The plant was to be inaugurated in 2008, but it was postponed to 2012.

Source: ISNA - Tehran