EghtesadOnline: The private sector has signed investment contracts worth 54,982 billion rials ($407 million) with Ports and Maritime Organization of Iran for the development of Iranian ports during the 10 months to Jan. 20, according to a PMO official.
EghtesadOnline: Due to the near permanent fluctuations in currency rates in the last two years, power purchase contracts with private electricity producers need revision, says a board member of Rudshur Power Plant in Markazi Province.
EghtesadOnline: Unprecedented volatility in the currency market over the last 15 months is adding financial pressure on private electricity producers and most are on the verge of bankruptcy, head of the board of directors of the Power Generation Companies Syndicate said Tuesday.
EghtesadOnline: About 6,000 national and 74,000 provincial projects have remained incomplete at various stages of development in Iran.
EghtesadOnline: The first private post operator was introduced at Iran's Chamber of Commerce in Tehran on Monday.
EghtesadOnline: Iranian private sector production units are now allowed to swap their debts to state-run banks or state-based services companies with what they are owed by government medical centers, a top private sector representative announced.
EghtesadOnline: While semi-state owned automotive companies say they are struggling to stay afloat, CEO of the private car company Karmania seems upbeat, saying that his firm has devised a strategy to weather US sanctions and the economic hard times.