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Spanish, Cuban companies sign cooperation agreement
The Spanish and Cuban companies penned, within the framework of Havana’s 27th International Trade Fair, a letter of intent to improve the quality of the sanitation products made at the Ironwork Plant in Havana, Cuban news reports revealed. The accord was signed by Jose Tomas Vazquez Garcia, director of the island’s Industrial Ironwork Enterprise and Teodoro Bastida, president of the Miesa Enterprise. Vazquez said after the signing that the agreement would 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 would contribute to environmental protection. Investment is estimated at $1.4 million 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. |
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