EghtesadOnline: The general price index of construction materials for residential properties in Tehran grew by 59.6% in the four-quarter period to Dec. 20, 2020, which marks the end of the third quarter of the current Iranian year (Sept. 22-Dec. 20, 2020), compared with the previous year's corresponding period.
EghtesadOnline: Municipalities across the country issued permits for 137,431 housing units across Iran’s urban areas during the second quarter of the current fiscal year (June 21-Sept. 21, 2020), indicating a 34.5% increase compared with the previous quarter and a 39.3% growth compared with the corresponding quarter of last year.
EghtesadOnline: The process of issuing building permits in Tehran during the third quarter of the current year (Sept. 22-Dec. 20) has been fast tracked compared with Q1 (March 20-June 20) and Q2 (June 21-Sept. 21) of the current fiscal year, but the number of permits issued still shows a 20% decline compared with Q3 of last year, the head of Construction Engineering Organization of Tehran Province said.
EghtesadOnline: The gross domestic product of Iran’s construction sector, which is the sub-sector of “industries and mining, sans oil” group, witnessed a 5.4% expansion in the second quarter of the current year (June 21-Sept. 21) compared with the corresponding period of last year, the Statistical Center of Iran’s latest report shows.
EghtesadOnline: Prices of construction materials are pegged to the value of the US dollar but the decrease in foreign currency exchange rate won’t necessarily lead to the fall in the prices of construction materials, says Alireza Sarhadi, a housing analyst.
EghtesadOnline: The construction of Emarat Dam in Germi County in northwestern Ardabil Province is near completion, managing director of Ardabil Regional Water Company said.
EghtesadOnline: The general price index of construction materials for residential properties in Tehran stood at 698.8 in the second quarter of the current Iranian year (June 21-Sept. 21), according to the Statistical Center of Iran's latest report published on its website.
EghtesadOnline: Dam projects in Ilam Province have either been abandoned or making little progress if any and the Energy Ministry has not fulfilled its promises to help accelerate the construction.
EghtesadOnline: So long as construction of new thermal power plants in Tehran Province is not complete he ageing gas and steam units cannot be phased out, head of the Thermal Power Plants Holding Company said.
EghtesadOnline: As of March 2018, Iraq used to be the main export destination of Iranian cement, but it is more than a year now since the neighboring country suspended imports of this construction material from Iran.