Entrusting development projects to private sector, a main policy of Iran

May 27, 2016

TEHRAN - Iran’s Economy Minister Ali Tayyebnia stressed entrusting of the country’s development projects to the private sector as one of the main policies of the government, Tasnim news agency reported on Friday.

According to the report, Tayyebnia made the remarks in the 59th government and private sector joint meeting.
“This year, the country’s Management and Planning Organization is committed to hand over 1000 development projects to the private sector” he said.
The minister believed that most of the country’s economic problems stem from low private sector activity rate and that merging Export Guarantee Fund with Bank Saderat would be a principled and effective solution to help and provide better services to the private sector.
He urged the private sector to help the government in identifying target countries in terms of economic cooperation and investment potential.
The minister also said, “We must focus on countries that are inclined to finance our projects through direct investment in Iran.”

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