By John Lee.
An Italian construction group has signed a preliminary agreement with Iran to build five hospitals, according to a report from The Local.
Pessina Costruzioni will build the first three 1,000-bed hospitals in Tehran, with two other 500-bed facilities will be built in Rasht and Nishapur.
Guido Stefanelli, the CEO of the Milan-based company, signed an MoU with Iran’s Ministry of Health in Tehran on Tuesday.
Before the sanctions took effect, trade between the two countries amounted to €7.0 billion ($7.7 billion), compared with about €1.6 billion at present.
(Sources: The Local, PressTV)