Tourism minister opens 11 eco-lodges in eastern province

TEHRAN – Iran’s tourism minister Ali-Asghar Mounesan on Monday inaugurated eleven eco-lodges during his visit to the eastern South Khorasan province.

Kish to host Symposium of ECO Tourism Investment Opportunities

TEHRAN – Iran’s southern Kish Island will host the Symposium of ECO Tourism Investment Opportunities on December 11-12.

Chabahar Free Zone seeks to attract more travelers

TEHRAN – Chabahar Free Zone Organization plans to develop tourism infrastructure in order to attract more travelers to the port area, which is situated in Iran’s southeastern Sistan-Baluchestan province.

30,000 Iranians obtained visas for Spain in 2018, envoy says

TEHRAN – Some 30,000 Iranians got visas for Spain in 2018, Madrid’s ambassador to Tehran has said.

Tehran to host 4th Intl. Health Congress of Islamic Countries

TEHRAN – The 4th International Health Congress of Islamic Countries, which is aimed to bring together senior scholars, academia, and experts from the public and private sectors, will be held in Tehran’s Homa Hotel from October 9 to 11.

By Mahnaz Abdi

Railway development highly dependent on private sector’s involvement

Expanded transportation via railway is today one of the major pillars of sustainable development for the countries; and it is why the governments usually allocate noticeable funds and resources to development of railway.

By Mahnaz Abdi

Private sector’s contribution to development of Shahid Rajaee Port rising

Located in Iran’s southern province of Hormozgan, Shaid Rajaee is the country’s largest and best-equipped container port.

By Mahnaz Abdi

CBI’s new directive on re-injection of export income requires amendment

Central Bank of Iran (CBI) unveiled a directive package on Monday which provides the country’s exporters with guidelines about how they should re-inject their foreign currency incomes into the country’s economy.

32 historical sites temporarily ceded to private investors

TEHRAN – A total of 32 Iranian historical places and monuments have been temporarily ceded to the private sector as of October-November 2017, Mehr reported.

Private sector should contribute to oil fields development: NIOC director

TEHRAN - Director of National Iranian Oil Company (NIOC)’s Discovery Department said the private sector should be able to contribute to developing the country’s oil fields, IRNA reported on Saturday.

IMIDRO to put 129 projects worth $17.8b into operation by 2022

TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will put 129 projects worth $17.8 billion into operation by Iranian calendar year 1400 (March 2021-March 2022), the organization published on its official website on Saturday.

Private sector seeking imports not relying on NIMA

TEHRAN- Regrading the urgent need of producers for the raw materials and also for machineries, setting up a mechanism for imports of such goods not relying on receiving foreign currency through NIMA is now seen more necessary, head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) stressed.

‘Defense Ministry ready to cooperate with private sector’

TEHRAN – Deputy Defense Minister Qassem Taqizadeh said on Monday that the Defense Ministry is ready to cooperate with the private sector.

Private sector should cover expenses for research: VP

TEHRAN – The private sector should cover expenses for conducting research at universities, the vice president for science and technology has said.

Iran to sell 3m barrels of oil to private sector at IRENEX

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh announced on Wednesday that the heads of the three branches accorded to sales of three million barrels of crude oil at Iran Energy Exchange (IRENEX) via a 100-percent-rial mechanism, IRNA reported.

Iranian private sector contributing to Syria’s reconstruction projects

TEHRAN – Iranian private sector has started cooperation with Syria in order to rebuild the country’s war-damaged infrastructures, ILNA reported on Wednesday quoting Iranian deputy minister of roads and urban development.

Private sector provided with forex to import medicine, medical equipment

TEHRAN- The cabinet of ministers has agreed to provide the private sector with conditional access to foreign currency for importing medicine and medical equipment in special cases, ISNA quoted Kianoush Jahanpour, spokesman for Food and Drug Administration, as saying on Sunday. 

Privatization envisaged in budget law achieved by 60%: IPO head

TEHRAN- Some 60 percent of the target for divesting state-run shares to the private sector envisaged in the budget law for the present Iranian calendar year (began on March 21) has been already achieved, according to the head of Iranian Privatization Organization (IPO).

Private sector operates 60% of Iran’s thermal power plants: official

TEHRAN – Near 60 percent of Iran’s thermal power plants are running by the country’s private sector, Mehr news agency reported on Friday quoting a Thermal Power Plants Holding Company (TPPH) mananger.

By Mahnaz Abdi

Private sector suggesting approaches to counter sanctions

The U.S.’s withdrawal from Iran’s nuclear deal and imposing fresh sanctions on the country has put Iran in a new economic condition and under the new condition the role that private sector can play to tackle the sanctions has come under the spotlight.

1,900 semi-finished projects transferred to private sector in a year

TEHRAN- An official form the Management and Planning Organization of Iran (MPO) announced that 1,900 unfinished projects across the country were privatized during the last Iranian calendar Year (ended March 20, 2018), IRIB reported on Monday.

Private sector to revive, operate historical houses in Shiraz

TEHRAN – A total of 28 houses in the city of Shiraz, including 11 historical ones, are to be ceded to the private sector with the aim of receiving better conservation through repurposing them into thriving eco-lodges or other profitable niches.

IPO to hand over 26 gas stations to private sector

TEHRAN – The private sector is going to take charge of 26 government-owned gas stations across Iran by the end of the current Iranian calendar month (September 22), IRIB reported.

CIT Ministry supports private sector’s space industry

TEHRAN – The Ministry of Communication and Information Technology (CIT) financially supports space industry projects being implemented by the private sector, Mehr reported on Wednesday.

Private sector welcomes secondary forex market

TEHRAN- Establishment of secondary foreign exchange market was one of the main demands of private sector and now that this market is set up private sector welcomes its activity, according to the chairman of Exports Committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).