Monday, March 06, 2006

Bilateral Agreements: Venezuela and Iran to unite in mass housing project

Venezuela and Iran, have signed an agreement to jointly build 10,000 homes in Venezuela at a total cost of just over $400 million.

Iranian company Keyso Corporations, is to build four large housing estates, each with 2,500 homes, in the Venezuelan states of Barinas, Monagas, Portuguesa and Cojedes.

Then new deal is in addition a series of cooperative deals the two countries have signed recently, including joint ventures for the manufacture of cement, building materials, industrial machinery, trucks, passenger buses and tractors.

Perhaps they can build some housing estates in New Orleans. Oh sorry, that's already taken by the mates of "Have Gun Will Travel (except to Vietnam)".