Investment Opportunities in Iran
Countries are lining up to cash in as Iran sanctions relief looms.
The deal on Iran’s nuclear program will fire a starting pistol on a stampede of western business interests into a potentially vast untapped market. Even as the negotiations were in their latter stages, the expectation of an eventual agreement and the lifting of sanctions brought an ever-increasing influx of the world’s corporations to Tehran to make contacts and voice their interest. Consulting companies are reviving old contacts, lots of signs that companies are pre-positioning themselves.
At the head of the queue have been oil and gas companies, but there are other markets in Iran with enormous potential because the country has been behind a wall of sanctions for so long. For example, the market for cars and lorries used to be the 10th largest in the world, and is attracting keen attention from Peugeot, which used to be a dominant player in Iran, as well as Renault and General Motors. Steel and aluminum manufacturers are also likely to flood into the market, attracted by Iran’s combination of cheap gas and warm-water ports.
The sudden inflow of western money and investment would be a blessing for Iranian business. If you hesitate to expand your economic ties with Iran, you would have missed out on one of recent history’s most powerful economic booms. That’s precisely why you should ditch the conventional wisdom when it comes to thinking about profiting from Iran. If you don’t, you could be letting a once-in-a-generation opportunity pass you by.
The conclusion of the negotiations on Iran’s nuclear program means the economic floodgates will open. Iran will once again be open for business. It would be a big deal: Iran’s $370 billion economy is by far the largest still excluded from the international financial system.
Iran has the world’s third-largest proven oil reserves (10% of the world’s total) and the second-largest proven natural gas reserves (17% of the world’s total). A tremendous amount of wealth is waiting to be developed.
Iran’s economy is not all about natural resources. The country is home to advanced nanotechnologies and the Middle East’s largest car manufacturer. Its young population of 78 million yearns for iPhones and other Western products, and there’s enormous built-up demand.At present, European and Asian companies have been scrambling to Tehran to line up business deals. In short, the opening of Iran is a massive opportunity.
Even if the West doesn’t lift the sanctions, Iran will simply turn to the East to do business. Either way, the Iranian economy is on course to experience one of the greatest booms in recent history. It’s on a scale the world hasn’t seen since the opening of China. Opportunities like this do not occur every day, every year, or even every decade.
Iran stands out for a number of reasons. Unlike most other states in the Middle East, Iran is not an artificial construct. By race, religion, and social history, it is a nation. And European bureaucrats didn’t dream up Iran by drawing zigzags on a map. The map reflects the geographic reality of a country with natural, fortress-like, mountain borders.
Iran Market Monitor with its extensive connections in governmental, semi-governmental, and private organizations and business would like to have the privilege of setting up the trade communications and introducing these projects to you.
To explore your trade and investment opportunities, you can enjoy our trade services in setting up meetings and identifying the appropriate projects for investment in Iran. We are also well-prepared to invite investors from diverse sectors and arrange meetings between economic delegations and project owners, and ultimately help end up in signing international contracts.
Iran’s market entry
If you wish to import your products to Iran, Iran Market Monitor is willing to help you find out the potential import companies and reliable sales representatives. To do so, you need to send over the documents of your products to our consultants and they will assist you in spotting the most appropriate representative. Then, they will make the necessary initial arrangements for your visit to Iran to sign the contract.