TEHRAN – Iranian government has introduced a new incentive for investors in industrial parks and zones, cutting upfront land payment requirements as part of efforts to support production and ease investment conditions, the Industry, Mining and Trade Ministry said.

Under a decision by the general assemblies of the 31 provincial industrial parks companies, the cash portion of land allocation contracts signed between Jan. 31 and Feb. 19, 2026 will be reduced by 10 percent, according to a statement carried by state broadcaster IRIB.

The ministry said approved land prices for the second half of the Iranian year 1404 will remain valid during this period.

The incentive was introduced to encourage investment in the manufacturing sector and coincides with the anniversary of Iran’s 1979 revolution, aligning with broader government and ministry support packages aimed at facilitating investor participation.

The ministry said projects withdrawn after the issuance of the resolution, as well as land allocations made through auctions, will not be eligible for the incentive.

EF/MA