Business Opportunities
Business Opportunities
According to the McKinsey Global Institude report on Iran economy published in june 2016, A new era has begun for Iran’s economy. Isolated from the West, and operating in relative autarky, it has an opportunity to reconnect with the global economy following the January 2021 easing of international sanctions. Expectations of rapid growth are running high within the Iranian government, among ordinary Iranians, and in the domestic and international business community.
As Iran emerges from the sanctions era, it has six core strengths on which to build future growth. Its diversified economy, strong tradition of scientific education, and fast-growing consumer class, along with a high degree of urbanisation, a deeply rooted culture of entrepreneurship, and the country’s geographic location between East and West, could all contribute to Iran’s reconnection with the global economy and its future prosperity.
Alongside Iranian firms, international companies could have a significant role to play in building a stronger and more globally competitive Iranian economy. Foreign direct investment dried up during sanctions but is already starting to flow again. Since the implementation in January 2016 of the international nuclear agreement with Iran, many representatives of foreign companies have travelled to Iran to begin talks and, in some cases, sign commercial agreements. Currently, by so many tensions in different sides of Middle East, all companies who're distributing their products & services in this region need a secure, reliable & safe basement for their further activities. Huge potential of Iran Market in addition to the new roles of this country in the region, have made unavoidable reasons for great companies to come & visit this market.
As Iran emerges from the sanctions era, it has six core strengths on which to build future growth. Its diversified economy, strong tradition of scientific education, and fast-growing consumer class, along with a high degree of urbanisation, a deeply rooted culture of entrepreneurship, and the country’s geographic location between East and West, could all contribute to Iran’s reconnection with the global economy and its future prosperity.
Alongside Iranian firms, international companies could have a significant role to play in building a stronger and more globally competitive Iranian economy. Foreign direct investment dried up during sanctions but is already starting to flow again. Since the implementation in January 2016 of the international nuclear agreement with Iran, many representatives of foreign companies have travelled to Iran to begin talks and, in some cases, sign commercial agreements. Currently, by so many tensions in different sides of Middle East, all companies who're distributing their products & services in this region need a secure, reliable & safe basement for their further activities. Huge potential of Iran Market in addition to the new roles of this country in the region, have made unavoidable reasons for great companies to come & visit this market.