The lifting of economic sanctions on Iran is set to unlock USD 200 Billion worth of investments and increase import growth by more than USD 20 Billion. In particular, the Iranian purchase of machinery and equipment will rise by over USD 4 Billion by 2017, representing more than 20% of total imports. This huge demand is driving international companies to access the Middle East’s second-largest economy. Consequently, FDI (Foreign Direct Investment) inflows are set to accelerate, reaching USD 3.7 Billion in 2017.

Project Iran, a construction trade exhibition, is set to open the gates to growing international interest in one of the biggest and most lucrative sectors, Iran’s construction industry. Taking place from 24 to 27 April 2018 at Tehran Permanent Fairground, Project Iran is the country’s only multi-national construction trade exhibition providing direct access to carefully selected buyers with needs for modern solutions and technology. Guaranteeing access to Iran’s multibillion dollar construction market, Project Iran will welcome thousands of international leading manufacturers, exporters, and industry leaders, who will share their common vision to shape what is becoming the next regional economic giant.

Key focus:

• New technology
• Energy efficiency
• Sustainability
• Construction materials

Lucrative investment opportunities:

• High-rise offices
• Shopping malls
• Hotels
• Hospitality and tourism-related developments.

The new Iranian Building Code is creating completely new dynamics in the Iranian construction market through its new building requirements including transfer of technology, energy efficiency, sustainability, modern construction material and technology. These needs for modernization promise immense lucrative opportunities for new investors and companies. While the government continues to tackle the low-income housing shortage and infrastructure development projects, private investments are expected to turn to more lucrative markets such as high-rise offices, shopping malls, hotels, as well as hospitality and tourism-related developments.

For further information about the exhibition including registering to attend, visit the Project Iran website.

Email Project Iran via the email button below to enquire about booking a space at Project Iran.

See also:

How to buy a property in Iran

A look inside this Iranian home by Kamran Heirati Architects

Bagh Jannat villa in Isfahan, Iran by Bracket Design Studio