After the conclusion of the nuclear deal and the lifting the sanctions, attractive business opportunities emerged in Iran. Besides its extensive oil and gas reserves, which are among the largest in the world, Iran has other significant raw material resources such as gold, copper or zinc. In addition, the economy and industry of the country is highly diversified. Having a population of around 80 million people, Iran itself represents a large sales market for domestic as well as foreign products. Due to its geographic location, the country will evolve into a trading hub for the entire region and open a market with around 400 million people .
Iran’s economy is growing and extensive investments into the modernization of the country’s economy and infrastructure are planned. The Iranian government estimates that investments of 1,000 billion $ will be needed to meet the growth targets of the 6th Five-Year Plan, one third to be covered by foreign investments.
DESB is active in all economic sectors, including:
Oil & Gas/Commodities
After the lifting of the sanctions, Iran is seeking to increase its oil production as well as oil exports and to gain new market shares. It is planned to raise the oil output from currently about 3.5 to 4 million barrels/day. The latest five-year plan of the Iranian government envisages to increase the production capacities from 4.0 million to 5.7 million barrels/day by 2021. Estimates suggest that investments of 185 billion $ will be needed over the next five years.
The gas sector also offers a wide range of investment opportunities. Iran has gas reserves of 34 bill. m³. Besides the increase in production for domestic use, an expansion of exports is planned. In the next four years the export volume is to be increased to 200 million m³/day.
In addition to its oil and gas reserves, Iran has large amounts of other raw material resources such as copper, zinc, and gold. By 2021, investments of US $ 40 billion are to be made in the sectors of steel, aluminum, copper, zinc, and gold. We provide you with access to the Iranian commodity market and support you in realizing transactions.
Iran is the largest saffron producer and exporter worldwide. Other important export products are pistachios, dates, and pomegranates. Besides the conventional production of agricultural products, it is planned to enlarge the output of organic products. We are active in the marketing of Iranian agricultural products abroad and looking forward to support you in your purchases.
The transport sector offers extensive business opportunities. Wide-ranging investments are planned in the expansion of the rail network and in the port infrastructure.
Iran’s aviation sector is facing major changes. Besides the planned expansion and modernization of the airports in Tehran, Mashad, Esfahan, Shiraz, and Tabriz, the Iranian aircraft fleet will also be renewed. There are plans for the purchase of 500 new aircrafts over the next three years. Additionally it is planned to purchase second-hand aircrafts to bridge the time until new aircrafts will be delivered. Contact us and discover the many opportunities in the Iranian aviation sector.
Besides the growth of oil and gas output, it is planned to increase the production of petrochemical products. The current annual production capacity of 60 million tons is to be doubled by 2021 and even tripled by 2025. 70 projects are currently in progress and investment needs are estimated at 36 billion US dollars. Foreign investors are welcomed by Iran and DESB can support you in all that’s necessary to realize your Project.
Against the backdrop of a sharp growth in electricity demand – growth estimates range from seven to nine percent per year – Iran is planning to expand its electricity generation capacity by ten percent annually. In the medium term, an expansion is planned from currently approx. 74 GW to over 120 GW by 2022. These capacities are needed for domestic demand and for electricity exports to neighboring countries. In addition to the construction of conventional power plants, the use of renewable energies is also supported by the Iranian government.
Priority here is being given to the expansion of wind energy, but photovoltaic systems are also to be built. A feed-in tariff has been in place since 2012 to promote the expansion of renewable energies. Foreign companies are invited to invest in the renewable energy sector.