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Encyclopedia > Construction in Iran

In recent years, Iran's construction market has been thriving due to an increase in national and international investment to the extent that it is now the largest in the Middle East region. The Central Bank of Iran indicate that 67 percent of the Iranians own homes, with huge amounts of idle money entering the housing market. [1] A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ...


The annual turnover in the construction industry amounts to US$38.4 billion. Statistics from March 2004 to March 2005 put the number of total Iranian households at 15.1 million and the total number of dwelling units at 13.5 million, signifying a demand for at least 5.1 million dwelling units. Every year there is a need for 750,000 additional units as young couples embark on married life. Look up Turnover in Wiktionary, the free dictionary. ...


At present, 2000 units are being built every day although this needs to increase to 2740 units. In addition, Iran’s geographical position over a seismic belt necessitates the reinforcement and renovation of housing in Iran. This is possible only through a boom in real-estate development and foreign investment. Seismology (from the Greek seismos = earthquake and logos = word) is the scientific study of earthquakes and the movement of waves through the Earth. ... Renovation is the process of restoring or improving a structure. ...


Restoration of old buildings is one of the priorities for the Iran Government. Estimates show that about US$143 billion needs to be allocated in the next 10 years for restoration of 14,000 meters of critically decaying buildings. The government will earmark 11.5 per cent of the funding while the rest will be supplied by public investment and bank loans. in art, returning something to a better state, see art conservation and restoration In criminal justice, restoration is another term for restorative justice. ...

Contents

Competitive environment

The housing industry is one of the few segments of the Iranian economy where state capital shares as little as two per cent of the market, and the remaining 98 per cent is private sector investment. There is little red tape or hurdles and, as a result, through launching mass development projects, the use of new technologies and fast-pace project execution, a larger portion of the housing market is accessible. This is also true for new construction materials and technological advances. Thousands of foreign firms, mainly Chinese or European, have established agents in Iran or partnerships with domestic manufacturers, both investing directly in the housing market and targeting other Persian Gulf markets. The private sector of a nations economy consists of all that is outside the state. ... Technology (Gr. ... material is the substance or matter from which something is or can be made, or also items needed for doing or creating something. ... This article is about the continent. ... Map of the Persian Gulf. ...


Facts & Figures (2003)/(1379-1380)

Construction is one of the most important sectors in Iran accounting for 20 – 50% of the total private investment. One of the prime investment targets of well off Iranians as tangible.


Housing:

  • 1379: 60m square meter of buildings have been constructed
  • Construction is mainly concentrated on urban areas and Tehran
  • 1379: approx. 170,000 new urban construction projects
  • 1379: investment of $3.6 bn into urban housing
  • Housing Bank: US$ 1.3 bn for 217,000 loans

Look up urban in Wiktionary, the free dictionary. ... Tehran (IPA: ; Persian: تهران Tehrān), population (as of 2005) 7,314,000 (metropolitan: 12,151,000), and a land area of 658 square kilometers (254 sq mi), is the capital city of Iran (Persia) and the center of Tehran Province. ... A project is a temporary endeavor undertaken to create a unique product or service. ... Banker redirects here; see wiktionary:banker for more meanings. ... A loan is a type of debt. ...

Industry:

  • 1379: 9,000 establishment permits for new industrial units plus expansion;
  • 1379: 3,236 operation permits;

Two ships of the United States Navy have borne the name USS Permit, named in honor of the permit, a food fish, often called round pompano, found in waters from North Carolina to Brazil. ...

Government:

  • Development budget 1380: $ 6.7bn (US$ 3bn construction, US$ 1.7bn machinery, US$ 2bn Others)
  • Iran is among the world's largest dam builders[2].

The government of Iran is spending large amounts of money in Khuzestan province. ...

Construction Material:

In the most general sense of the word, cement is a binder, a substance which sets and hardens independently, and can bind other materials together. ... The steel cable of a colliery winding tower. ... Mission, or barrel, roof tiles A tile is a small, manufactured piece of hard-wearing material such as clay or stone used for covering roofs, floors, and walls, or other objects such as tabletops. ... Stone can refer to any of the following: Stone may be used as a building material, as in this dry stone wall A rock. ... In the law of real property, fixtures are anything that would otherwise be a chattel that have, by reason of incorporation or affixation, become permanently attached to the real property. ...

Problems:

  • Despite increase in budget: insufficient support of government
  • Specifically: lack of mass housing due to sharp increase of urban population
  • Lack of financial facilities

Latest development:

  • Government/municipalities taking active steps to encourage private and foreign investment
  • Introduction of housing bonds
  • Emphasis on private sector; governmental companies to large extent bared from urban housing projects
  • Government puts main emphasis of unfinished projects
  • Reform of standards & regulations
  • Better statistics & transparencies

In finance, a bond is a debt security, in which the issuer owes the holders a debt and is obliged to repay the principal and interest (the coupon) at a later date, termed maturity. ... The word standard has several meanings: Classically, standard referred to a flag or banner; especially, a national or other ensign carried into battle; thus standard bearer indicates the one who bears, or carries, the standard. ... Template:Otherusescccc A graph of a bell curve in a normal distribution showing statistics used in educational assessment, comparing various grading methods. ...

Opportunities for foreign companies:

  • General: Iran has capable construction and engineering companies; social status of engineers; smaller housing projects: bad quality
  • Mass housing
  • New technology
  • Large projects (dams, tunnels, industrial projects, oil industry)
  • Joint projects in Irak, Afghanistan (past: limited extent in Azerbaijan)
  • Construction related machinery
  • Requirements: Foreign financing required (ECGD)
  • Team up with local partners required; local content

The Iran construction market is potentially ripe for the import of construction material to accommodate local demands. Engineering is the design, analysis, and/or construction of works for practical purposes. ... DAMS is a racing team from France, involved in many areas of motorsports. ... An underground pedestrian tunnel between buildings at MIT. Note the utility pipes running along the ceiling. ... The Oil industry brings to market what is currently considered the lifeblood of nearly all other industry, if not industrialized civilization itself. ... The Republic of Iraq is a Middle Eastern country in southwestern Asia encompassing the ancient region of Mesopotamia. ... A machine is any mechanical or electrical device that transmits or modifies energy to perform or assist in the performance of tasks. ... In law, an attorney who is a part-owner of a legal firm. ...


According to the statistics presented by the Iran Imports Book, which is published by the Islamic Republic of Iran Customs Office, Iran’s major imported items include: Customs duty is a tariff or tax on the import or export of goods. ...

  • iron and steel (iron slabs and steel, iron and steel bars, rolled iron and steel wares)
  • pre-fabricated buildings
  • elevator wares
  • block and tackle
  • road-building machinery
  • digging and excavation machinery
  • cranes
  • hygenic products made of plastic and china
  • stonewares
  • plaster and cement

Other imported items are: glass, timber flooring, lighting, paint, electrical and electronic fittings and accessories, lock, key hardware and aluminum for façade design. General Name, Symbol, Number iron, Fe, 26 Chemical series transition metals Group, Period, Block 8, 4, d Appearance lustrous metallic with a grayish tinge Atomic mass 55. ... The steel cable of a colliery winding tower. ... A set of lifts (elevators) in the lower level of a London Underground station. ... The term archaeological excavation has a double meaning. ... Tower crane An old crane with incline of pivoted boom controlled by means of chains, sprockets and gears. ... // Gypsum plaster Plaster of Paris, or simply plaster, is a type of building material based on calcium sulfate hemihydrate, nominally (CaSOâ‚„)â‚‚*Hâ‚‚O. It is created by heating gypsum to about 150 ℃, 2(CaSOâ‚„ · 2Hâ‚‚O) → (CaSOâ‚„)â‚‚ · Hâ‚‚O + 3 Hâ‚‚O (released as steam). ... In the most general sense of the word, cement is a binder, a substance which sets and hardens independently, and can bind other materials together. ... Glass can be made transparent and flat, or into other shapes and colors as shown in this sphere from the Verrerie of Brehat in Brittany. ... Timber in storage for later processing at a sawmill Timber is a term used to describe wood, either standing or that has been processed for use—from the time trees are felled, to its end product as a material suitable for industrial use—as structural material for construction or wood... An example of a flooring job Flooring is the general term for a permanent covering of a floor. ... Lighting refers to either artificial light sources such as lamps or to natural illumination of interiors from daylight. ... Look up Electronic in Wiktionary, the free dictionary. ... The word lock came from Anglo-Saxon loca = a secure enclosure. Currently lock has several meanings: A lock (device) is a mechanical fastening device which may be used on a door, vehicle, safe, or other container. ... Aluminum is a soft and lightweight metal with a dull silvery appearance, due to a thin layer of oxidation that forms quickly when it is exposed to air. ...


See also

The Iranian economy has been improving steadily over the past two decades but a continuing strong labour force growth unmatched by commensurate real economic growth is driving up unemployment to a level considerably higher than the official estimate of 11%. According to experts, annual economic growth above five per cent... Naghsh-i Jahan Square, Isfahan, is the second largest square in the world and arguably the gem of Persian architectural masterpieces. ... The massive Karun-3 dam, was inaugurated recently as part of a drive to boost Irans growing energy demands The major reservoirs and dams in Iran are: Karun-3 dam Jiroft Dam Amir Kabir Dam Dez Dam Nader Shah Dam Categories: | | ...

External Link

  • Construction to Iran- Australian Trade

 
 

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