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Private Sector

  • 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: A panel of experts convened in Qazvin, 143 kilometers west of Tehran, late January to shortlist candidates for Iran Web and Mobile Festival awards, the winners of which will be determined by popular vote.

  • EghtesadOnline: Investing in combined heat and power (CHP) plants is no more economically feasible for the private sector, a board member of the CHP association said.

  • EghtesadOnline: In a new push to enrich the technology ecosystem in provinces, Iran’s private sector is to finance the establishment of an innovation factory in the western province of Lorestan.

  • EghtesadOnline: Iran Chamber of Commerce, Industries, Mines and Agriculture is scheduled to hold a meeting on Tuesday to introduce China’s new ambassador to Iran Chang Hua to representatives of Iranian private sector.

  • EghtesadOnline: In line with plans to attract investments for green energy projects, the private sector has been authorized to export electricity generated via renewables, head of Renewable Energy and Energy Efficiency Organization said Tuesday.

  • EghtesadOnline: Governor of the Central Bank of Iran commended the role of the private sector in helping the economy to survive the harsh economic penalties imposed by the United States government.

  • EghtesadOnline: Iran’s private sector invested 2.68 trillion rials ($24.2 million) in Payam Special Economic Zone & Payam International Airport in Karaj, the central city of Alborz Province, during the five months to Aug. 22, which indicates a threefold rise compared with last year’s corresponding period.

  • EghtesadOnline: After several failed attempts to divest its remaining stake in state-affiliated companies to the private sector, the government is rewriting the rules and devising new methods to facilitate the divestiture process.

  • EghtesadOnline: In a letter to President Hassan Rouhani, private sector representatives have called on government to give more authority to the Export Guarantee Fund of Iran with regard to issuing export guarantees, according to the EGFI chief.