who we serve
Mining & Minerals With 68 types of metals and mineral (excl. oil), which accounts for 37 billion tunes of mineral reserve and 57 billion tunes of resources, Iran holds the 15th spot in the world ranking.* We publish annual industry report which includes figures indicative of resource & reserves, industry output & production, employment and export & import data. We could produce a tailor made report for any minerals that you may be interested in./ *Source: Sharif Business Think Thank report on Iran business markets, 1401 Construction Materials Natural Resources
Iran has well developed and accessible infrastructure such as energy and communication services which supports industrial sector. Moreover, availability of well educated work force in technical and engineering field has strengthened this sector. Also, Iran’s access to massive regional markets offers promising future to industrial sector. In the year of 1400 (2020/03 to/2021/03) export of goods (excluding oil) amounted for 48.6 billion dollars which shows an increase of 39.6% YOY. *Source: Iran Ministry of Industry, Mine and Trade (Annual report, 1400 (2020/2021))
Packaged foods, personal care products and all other consumer staples not only are produced for local market but also have established a market in the neighboring countries.
Oil & Gas In the past 50 years oil and gas industry has been the spinal cord of Iran’s economy accounting for over 50% of countries revenue. Iran has 156.60 billion barrels of proven reserve ranking 3th among OPEC members.* Iran also has 2th largest gas reserve in the world behind Russia.* Moreover, Petrochemical industry has expanded rapidly in recent years. From discovery to extraction, refining, delivery and distribution the industry is well developed. Oil & Gas In the past 50 years oil and gas industry has been the spinal cord of Iran’s economy accounting for over 50% of countries revenue. Iran has 156.60 billion barrels of proven reserve ranking 3th among OPEC members.* Iran also has 2th largest gas reserve in the world behind Russia.* Moreover, Petrochemical industry has expanded rapidly in recent years. From discovery to extraction, refining, delivery and distribution the industry is well developed. *Source: OPEC Annual Statistical Bulletin, 2018
Choosing economic models and resulting policies, are important factors which shape business environment and economic activates and play key role in economy and its functions. Besides quantitative factors you may need insights from local scholars and experts on qualitative factors.
With about 800 hospitals and over 70 thousands nurses in public hospitals and thousands of practitioners the health care sector in Iran is well developed.* Iran aims to achieve Universal Health Insurance Coverage and universal access to health care with focus on quality of care by 2025. There is even a great potential for offering health care services to the region. *Source: Iran Ministry of Health and Medical Education, (Major development in 40 years, 2018)
This sector includes hotels, restaurants, travel agencies and those services catering domestic and international tourism. Number of UNESCO World Heritage Sites and variety of natural attractions in Iran offer huge potential for international tourism. Additionally, country could benefit from increasing number of East Asian travelers.
Digital Economy which is rooted in Information, Communication and Technology sector is playing the key role in shaping future of services industry. In particular, Information Technology with its low barriers of entries (e.g. initial investment) has developed rapidly. Some IT management firms have even shown competitive advantages for economic cooperation within the region.* *Source: Sharif Business Think Thank report on Iran business markets, 1401
This industry is divided to two sections including transportation of materials and passengers. Hence, developments of industrial and agricultural sectors are closely related to transportation and logistics of goods.
Water and Utility
This sector is mostly falls in the hands of public sector. Although, development of alternative source energy by private sector is encouraged.