Search and Filter Through Our Comprehensive Database of Ongoing Construction Industry Projects and Tenders in Iran
Identify and track all the ongoing (work-in-progress) construction projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in Iran.
Iran Construction Industry Analysis
The construction industry in Iran has been facing some challenges in recent years due to economic sanctions, political instability, and a decrease in investment in the sector. This has led to a decrease in construction activity in the country.
In 2020, the industry was further impacted by the COVID-19 pandemic, which led to a decline in economic activity and a decrease in investment in the construction sector. The pandemic has also led to a decrease in the demand for new construction projects.
Despite these challenges, the outlook for the construction industry in Iran is positive in the long term. The government has announced several infrastructure projects such as the construction of new airports, ports, and highways, which will require significant investment in the coming years. Additionally, the government has also announced several initiatives to improve the quality of housing, which has led to an increase in the construction of new homes.
The residential sector is also expected to continue growing in the coming years, driven by the country's growing population and the need for more affordable housing. However, the industry will have to adapt to the new challenges presented by the COVID-19 pandemic and the need to implement sustainable building practices.
The industry is also facing the challenge of improving its sustainability, this includes the use of green building techniques and the incorporation of renewable energy sources in new projects. This is becoming a crucial factor for the industry to maintain a competitive advantage in the international market.
Overall, the construction industry in Iran is expected to continue to grow in the coming years, driven by the strong economy, increasing demand for housing, and government initiatives to support the industry.
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