TEHRAN – A delegation of South Korean housing officials attended a meeting at Iran’s Transport and Urban Development Ministry on Tuesday to present their experience in providing social rental housing, the ministry said.

The visit was coordinated by the United Nations Habitat office in Tehran and focused on transferring successful practices in affordable rental housing policies to Iran’s housing sector.

South Korean Ambassador to Iran Mr. Kim Junpyo was also present in the meeting.

Earlier this year, the government of President Masoud Pezeshkian approved a plan through the Supreme Housing Council to supply a limited stock of rental units.

Officials have said the initiative is aimed at low-income first-time home seekers who cannot afford pre-purchase schemes under Iran’s National Housing Plan.

EF/MA