Iran is opening the doors for Germany

Iran Germany

Iran and Germany have signed a memorandum of understanding on training and promotion of construction of environment-friendly homes as a pilot study case in Iran’s Hashtgerd and Isfahan cities.

The Head of Roads, Homes and Cities Construction Research Center Mohammad Shekarchizadeh referred to his recent visit to Germany, arguing that according to the signed MOU with Germany, that country has accepted to train and promote construction of environment-friendly homes in Hashtgerd and Isfahan.

‘There were several meetings in our visit to Germany which led to positive results as we had goal-oriented visits of the successful environment-friendly projects implemented there,’ said the Roads and Rural Development Ministry affiliated research center’s head.

He said that the energy waste in those German technology homes is one tenth compared to the typical Iranian homes.

Also, the German industrial group Siemens is stepping up its efforts to win projects in Iran, after its chief executive met the Iranian oil minister and other government representatives in Tehran.

“We want to pick up where we left off,” Siemens said in a statement, citing its engagement in Iran since 1868, especially in the energy sector and rail transportation. “We see great pent-up demand.”

Siemens stopped doing new business in Iran in 2010 but last month signed deals to work on Iran’s railway infrastructure worth up to 1.5 billion euros ($1.7 billion) in anticipation of Western sanctions against Iran being lifted.

The chief executive of Siemens rival General Electric’s oil and gas division also visited Iran recently.

Iranian Oil Minister Bijan Zangeneh said Siemens had promised to speed up the delivery of compressors and turbines for gas extraction following his meeting with Siemens CEO Joe Kaeser, according to the ministry’s news agency, Shana.

“Iran needs to withdraw more gas, requiring it to purchase rotary machinery and wellhead compressors, and Siemens can be a good partner for Iran in this field,” it quoted Zangeneh as saying.

Siemens’ oil and gas business, which it bolstered with the $7.8 billion acquisition of Dresser Rand last year, has suffered from the plunging oil price, which has choked investments in new equipment, especially in the United States.

Shana said Zangeneh had told Siemens it could start joint ventures with any Iranian company and export equipment to regional markets using the Siemens brand. Siemens was already planning to work with Oil Turbo Compressor Company, it said.

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