EghtesadOnline: There are 100 buildings in Tehran with conditions similar to Plasco – a high-rise commercial tower in Tehran that burned down in 2017, half of which were shut down after the incident but the rest are still being used, the head of Construction Engineering Organization said.
EghtesadOnline: Real-estate development by individuals who don’t have the expertise needed in the field has reduced the industry to jerry-building, the managing director of Maskan Investment Group, the parent company of Bank Maskan, Rouzbeh Zahiri Hashemi, said.
EghtesadOnline: There are 30,000 buildings in the capital city lacking safety features, the chairman of Tehran City Council said.
EghtesadOnline: Homes and non-residential buildings have a very big and seemingly prohibitive cost when it comes to energy waste (almost 50%) in Iran.
EghtesadOnline: Buildings account for a significant share of energy waste (almost 50%) in Iran including households, commercial sectors, private companies and state organizations.
EghtesadOnline: With its history dating back 7,000 years, Iran is home to a large number of spectacular mansions and buildings. To restore the majestic structures and by extension contribute to the economy, tourism authorities have initiated a plan to cede the buildings to private owners so long as they are repurposed into traditional hotels, restaurants and lodges.
EghtesadOnline: Largely due to the abundance of oil and gas reserves, little if any importance is given in Iran to optimizing energy consumption.