Thran (IP) - The Iranian Minister of Road and Urban Development said that the country needs foreign investment in the house construction section rather than technology to expedite the pace of the projects.

Iran PressIran news:  Mehrdad Bazrpash told Iran Press correspondent: "In some technologies, the Chinese have made achievements, but in the field of housing, we have had good developments in technology, such that our need and dependence is minimal."

Bazrpash said the Chinese parties gave the Iranian side several suggestions in the ministry and agreements have been reached on some areas. 

He also reported the allotment of lands for house construction to 10,000 applicants in order to encourage childbearing and the growth of the population.

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