Iranian construction companies sign $5.8mn deal in Russia

Iranian knowledge-based companies signed two cooperation deals with Russian companies worth 5.8 million dollars on the sidelines of the 5th International Exhibition for Building and Finishing Materials and Technologies dubbed “RosBuild 2024” held in Moscow. 

Nine Iranian companies, in collaboration with the country’s Ministry of Roads and Urban Development and Vice-President’s office for Science, Technology and Knowledge-Based Economy, presented their latest achievements regarding smart and environmentally friendly buildings. 

The memorandums of understanding are on a new technology for greenhouse structures as well as technology exchanges and augmented reality  in construction. 

RosBuild is an international exhibition that provides high-quality construction materials and uses the latest technologies in construction, and is considered a good opportunity for suppliers of construction materials and technology to enter the Russian market. 

The Iranian companies put new technologies on display that help better manage resources, reduce waste, improve worker safety and reduce costs in terms of materials and time.