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Energy Ministry to Help Improve Domestic Equipment Quality

Energy Ministry to Help Improve Domestic Equipment QualityEnergy Ministry to Help Improve Domestic Equipment Quality

Iran's Energy Ministry meets a major part of its need for high-tech equipment with the help of domestic manufacturers, a deputy energy minister said.
"The strategy is aimed at not only taking advantage of domestic expertise, but also creating incentive for the private sector to boost quality to have a say in foreign markets," Sattar Mahmoudi was also quoted as saying by Mehr news agency. 
According to the official, close to 95% of power and water equipment are manufactured domestically and the ministry and its subsidiaries purchase equipment made in the country instead of relyinng on foreign brands.
"A necessary condition to invest in electricity and water ventures is to use domestic products," he said, adding that providing contractors buying Iranian products with banking facilities is a top priority of the ministry.
 

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