Iran, Algeria to establish joint water companies

Water resources 1

IRAN DAILY – 16 Feb.: Iranian Minister of Energy on Tuesday announced plans to establish four Iranian-Algerian companies in the fields of water resources, dam construction, as well as water management.

Following a meeting with the Algerian Minister of Water Resources and Environment, Abdelouahab Nouri, Iranian Minister of Energy, Hamid Chitchian told reporters that the new firms would organize and examine the status of water resources in collaboration with the private sector.

During the meeting, the two ministers discussed cooperations in management of water resources and sewage treatment.

Chitchian said these companies would be established in the framework of a joint venture between the two countries focusing on areas of water studies, dams, construction of irrigation networks, wastewater, as well as provision of required equipment ; “on the other hand, the ministry staff of the two countries will be provided with necessary facilities to hold joint training courses.”

The official emphasized that the employees of respective ministries would undergo training session on water management in both countries.

The Iranian Minister pointed to the formation of five technical committees in Iran and Algeria commenting, “the committee meetings will be held regularly in order to meet expectations since the two sides are determined to upgrade economic relations".

The Algerian Minister of Water Resources and Environment Abdelwahab Nour, for his part, stated that the negotiations carried the message of Algeria’s friendship with the Iranian nation.

He emphasized the need to boost bilateral ties and called for increased cooperation, consultation, and coordination between the two sides.

Algeria's Minister of Industry and Mines Abdesselam Bouchouareb is also to visit Iran in May at the invitation of Iran's Minister of Industries, Mines, and Trade Mohammadreza Nematzadeh.

In this regard, Iranian and Algerian traders and merchants plan to meet in Tehran in near future.