Talks With Chinese Firms Focused on Reducing Housing Construction Costs

Iran’s Ministry of Roads and Urban Development is in talks with Chinese companies for mass housing production, according to a member of the Supreme Housing Council.
Eqbal Shakeri also told Mehr News Agency that the Chinese side is being asked to transfer their production technology, adding that current talks are focused on reducing costs.
The Iranian Parliament’s double-urgency motion called “Surge in Housing Production” was approved last month by the Guardians Council – an oversight body that ensures laws are in line with the Iranian Constitution and Sharia – and is now considered a law.
The proposal was first approved by the parliament in April and sent to the council but was returned to the parliament for amendments. Now the Guardians Council has given the plan, which also happens to be one of the key campaign promises of the new president, Ebrahim Raeisi, its blessing.