Agreement signed by Cuban and Spanish Companies
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- Education
- Science and Technology
- Business and Economy
- 11 / 09 / 2009
Penned by director of the island’s Industrial Ironwork Enterprise José Tomas Vázquez García and president of Spain’s Miesa Enterprise Teodoro Bastida, the accord will guarantee the necessary capital for the construction of a modern line for the superficial nickel-chrome treatment of products.
The accord also includes the building of a plant for sewage disposal, which will contribute to environmental protection.
According to a report by the ACN news agency, investment is estimated at 1.4 million dollars and its execution has been scheduled for the first semester of 2010.
The Ironwork Plant produces iron fittings for bathroom, carpentry and locksmith works; economic and luxury bathrooms fixtures; and constructs and repairs ornamental pieces.
Sources: ACN-RHC
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