Iran’s construction industry is characterized by strong demand for housing, infrastructure development and modernization as well as industrial expansion. With recession started in Iran`s economy in recent years, housing has been affected too and with expected growth of Iran`s economy, it is estimated that the housing industry will statrt to grow again.
Expansion of the rail network from its current length of around 12,000 km to a total of 25,000 km in the next four years.
Road network: 1,200 km of motorway under construction, 1,300 km in the project phase and an additional 3,000 km being planned.
When it comes to producing energy, hydroelectric power plants play a key role. Some 150 dams have been built during the last 30 years, and another 84 are underconstruction or in planning.
Iran is the fourth-largest cement manufacturer in the world, with annual production of 70 million tons.
Because Iran’s population is younger than average, approximately one million new apartments are needed every year.
FAR law firm