Market Research: Iran Projects, H1 2020 – MEED Insights

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Iran Projects, H1 2020 – MEED Insights

Summary

With more than 81 million people and some of the world’s most abundant natural resources, Iran has the potential to be an economic super power. It holds 10 percent of the world’s proven oil reserves and 15 percent of its gas reserves, and has the fifth biggest quantity of natural resources, valued in 2016 at an estimated $27.3 trillion.

With more than $300bn of Projects, planned or underway, Iran currently is the sixth biggest Projects, market in the Middle East and North Africa. And with nearly half of all Projects, in Iran still at either the design or study stages, the Islamic Republic, on paper at least, offers enormous potential for anyone seeking major new business opportunities in the region.

But, and this is a big but, the Iranian Projects, market has been closed off to international companies by the re-imposition in August 2018 of US sanctions, which seek to put an economic straightjacket on the country. The sharp drop in oil prices in 2020 has created enormous challenges for the economy and will pose difficult questions to the government.

If and until sanctions are lifted – the chances of this happening anytime soon appear remote – it is difficult to see how Iran can accelerate its project plans. Without international contractors and financing, and with its own finances severely strained, Tehran’s options will continue to be very limited.

“Iran Projects, H1 2020”, is the update to last year’s H1 report. Focused on data, it is aimed at helping companies create strategies for targeting and growing the market.

Reasons to Buy

– This report analysis will help you to create strategy and business plan for the years ahead.
– Long term Projects, market forecast
– Summary and lists of future project opportunities
– Analysis of key trends, market drivers and opportunities by country and sector
– Top clients and contractors ranking


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.