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Iran To Build Bike Factory in Venezuela

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LONDON, UK (June 14) – Iranian companies will build factories in Venezuela to produce bicycles for that country and the Latin America region, according to the Iranian News Agency (IRNA). Venezuelan Minister of Light Industry and Mining Victor Alvarez, declaring the news, said, “President Chavez has asked ministers of commerce and light industry to seriously […]

LONDON, UK (June 14) – Iranian companies will build factories in Venezuela to produce bicycles for that country and the Latin America region, according to the Iranian News Agency (IRNA). Venezuelan Minister of Light Industry and Mining Victor Alvarez, declaring the news, said, “President Chavez has asked ministers of commerce and light industry to seriously follow the project of manufacturing Iranian bicycles in Venezuela”. Venezuela has recently commissioned an Iranian tractor assembling factory. Establishment of a cement factory, constructing residential buildings and implementing some industrial and construction projects by Iranian experts are part of cooperation plans between the two countries.

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