Industry
Iran is a country with a rich history of industry, and today, the industrial sector is a key driver of its economy. Including oil and gas, petrochemicals, steel, textile, and automotive manufacturing, industrial sector represents about 45% of the country’s GDP. With a large, well-educated workforce and a favorable business climate, the country is well-positioned for growth and development in a range of industries.
In recent years, the government of Iran has made significant investments in the industrial sector, with a focus on modernizing and upgrading its infrastructure and technology. This has created opportunities for local and foreign businesses to establish themselves in the market and benefit from the country's favorable business environment.
The country has a diverse range of industries, including petrochemicals, pharmaceuticals, automotive, and construction materials. The Iranian government has taken steps to support the development of these industries, providing incentives and subsidies to encourage growth.
Iran's central location, connecting Europe, Asia, and Africa, makes it a hub for trade and commerce, with easy access to international markets. This, combined with its abundant natural resources, provides a strong foundation for the growth and development of the industrial sector.
In addition to its favorable business climate, the government of Iran is committed to sustainable and responsible industrial practices, ensuring that environmental impacts are minimized. The country has implemented regulations and standards to promote safe working conditions and protect the environment, and is taking steps to increase its use of renewable energy sources.
The industrial sector in Iran is a vital component of the country's economy, providing employment opportunities and driving growth. With a well-educated workforce, favorable business environment, and commitment to sustainable practices, the sector is poised for continued success in the years ahead.
For more insight and additional details about Industry sector in Iran, please refer to the PDF document below, which has been provided by Tehran Chamber of Commerce, Industries, Mines & Agriculture.
►Download: Iran Industry Sector Guide (PDF)
Furthermore, in order to find detailed information and resources to help guide your investment decisions in Industrial sector of Iran, please visit the website of Organization for Investment, Economic and Technical Assistance of Iran.
