EghtesadOnline: A memorandum of understanding was signed between Shanghai Elevator Trade Association Vice President ChunTao Li and the head of Iranian Syndicate of Elevators and Escalators Industries, Mohammad Reza Zohrehvandi , in Tehran on Wednesday.

EghtesadOnline: State-run housing projects in Iran are usually theatrics staged by governments, despite millions of dollars of spending that usually lead to the squandering and misappropriation of public funds, Mohammad Reza Zohrehvandi , the chairman of Industries Commission of Tehran Chamber of Commerce, Industries, Mines and Agriculture, says.