Government Facilities for Hotel investment

The Municipality of Tehran has approved the Organization and Promotion of Tourism Facilities Plan (Tourism Plan) during a meeting on 20 April 2016. The provisions of the Tourism Plan aim to promote tourism and strengthen the industry’s infrastructure by...

Irish Firm Establishes Iran Presence

Building-materials giant Kingspan has made an investment in Iran, seeking to take advantage of future upgrades in the country’s airport infrastructure. Kingspan’s chief executive, Gene Murtagh, said the company’s facility would be in production within months and was...

Iran’s Renewable Energy Law Update

The guaranteed purchase of electricity rates from renewable and clean power plants are announced. According to the Ministry of Energy the development of 5000 MW installed capacity of renewable power plants, is set as a main goal in the next 5 years. This goal will be...
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