Iran at first glance…
Official name: Islamic Republic of Iran
Capital City: Tehran
Area: 1,648,196 km2
Borders with: Afghanistan, Azerbaijan, Armenia, Iraq, Pakistan, Turkey, Turkmenistan
Climate: Arid, Semi-Arid Continental
Population: 76.03 millions (2012)
Currency: Rial (IRR)
GDP: 448.2 billion $ (2010)
GDP Per Capita: 6030 $ (2010)
Harbors: 11 Commercial
Airports: 54
Roads: 220,000 km (2013)
Railroads: 12,000 km (2013)
Main Industries: Petroleum and gas, steel, aluminum, copper, electric and electronic equipment, cement and other construction industry materials, metallurgy, home appliances, iron, textile, carpets and rugs, ceramics, food processing, petro-chemistry, automotive and spare parts
- Iran has the world’s second largest natural gas reserves after Russia.
- Iran is among the first 10 countries of the world in terms of mine reserves, while it is the first one in Middle East. As a result of only 9-month surveys in 2014, 30 tons of gold, 90 million tons of iron and 120 million tons of coal reserves were found.
- 98 percent of construction industry in Iran is run by private sector. With its rapidly growing population, young and dynamic demographic structure and to be increased infrastructure investments, construction sector of Iran will preserve its dynamic structure.
The law, come into force in 1955, was revised in 2002 as “Law on promotion and protection of foreign investments”. A center for foreign investments was established within the scope of the law; duly-authorized specialists and managers from institutions, such as Ministry of Foreign Affairs, Ministry of Trade, Ministry of Labor and Social Security, Tax Administrations, Customs Administration, Central Bank and Environment Protection, provide services of support and guidance for foreign investors in the center.
Albeit, Iran has a blinding potential for investment in fields of energy, mining, and construction, its isolation from global markets, government control investments, and some problems in regulations and infrastructure, it also include a number of difficulties for investors.
We hope to be a part of future vision of both you and Iran, by overcoming said difficulties with our Iranian origin and present experience in investments.