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Hotel Market Trend in Iran

We can divide Hotel Market in 2 separated times. Before Nuclear Deal era and after nuclear deal era. Before Nuclear deal, especially in 8 years which Mr. Ahmadinejad was in charge, as result of his aggressive attitude, number of western tourists with relatively more full money pockets declined, however decreasing exchange rate of Iran’s Rial, […]

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Tehran Commercial Area Boundary, Type of Business, Floating Population

Modern commercial areas of the city are expanded across main streets such as Valieasr St., Mirdamad St, Africa Blvd., Shariati St, etc. Valieasr St. is a tree-lined street dividing the metropolis into western and eastern parts. It is the longest street in Iran and Middle East with 17.9 kilometers which a commercial area with so […]

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Daewoo signs Power Plant Deal in Iran

South Korea’s Daewoo Engineering & Construction has signed a contract to build a 500-megawatt (MW) combined-cycle power plant in Iran’s southeastern city of Kerman. The estimated value is some $500 million. Under the deal with Iranian investment firm Omid, Daewoo E&C will team with the state-run Korea Western Power and Gohar Energy of Iran. A […]

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The General Process or System of Lease Agreement of Retail Business

Leasing agreement in commercial center could be done with the owner of the unit if developer had sold the unit or could be performed via Sales office of the commercial center which usually plays intermediary role between owners and applicants. Leasing time usually is one fiscal year or two, but depends on purchase power and […]

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Guide to Foreign Investment in Iran

General laws and regulations regarding foreign business in Iran could be regrouped under the following categories: Contract work: A foreign company is allowed to be involved in contractual work in Iran. Such work may be performed either directly by the foreign company or through a registered branch in Iran. Branch offices in Iran do not […]

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Iran Land Information (in Tehran)

According to Tehran Master Plan, most of areas in Tehran are categorized by 4 major groups, Mostly Residential areas (R), Most Service and business Areas (S), Mixed used areas (M) and Green areas (G). Meanwhile, some areas which municipality considers suitable land for High-Rise Buildings are specified with Code H. these lands are relatively big […]

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Tehran Metropolitan Commercial Area, Commercial Area Status

The Grand Bazaar (shopping center) of Tehran and the Bazaar of Tajrish are the biggest old bazaars in Tehran. Grand Bazaar is considered as the main traditional commercial area of Tehran. Located at the Arg Square in Southern Tehran, it is split into several corridors over 10 km in length, each specializing in different types […]

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Iran`s Construction Data

Leasable Ratio Per each Grade office in CBD It could be said thst just Kian Tower is a standard grade A whose renting fee is above USD 60, while average renting fee for office area in grade B located in CBDs is about 30-40 USD per sqm. This rate is about USD 20 per sqm […]

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Recent cases of Foreign Investment in Iran

South Korea President Park Geun-hye’s visited Iran in May 2016 to open doors wider for Korean companies. The two countries agreed on 66 MOUs for 30 projects, which could be valued as much as USD 5.2 Billion. Also in Oil exploration, Gholamreza Manouchehri, deputy CEO of National Iranian Oil Company (NIOC), said the agreements were […]

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Documents Needed for the Issuance of Investment License in Iran

Application Form; Establishment License / Primary agreement/ preliminary agreement of the pertinent Iranian organization Official letter of the foreign investor to submit to the OIETAI The foreign investor’s background including a brief history of the company, the year of establishment, area of activities, in case of foreign investor is a natural person, a photocopy of […]