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The prospect of lucrative deals that Tehran can make after the unfreezing of funds, coupled with an almost decade-long investment backlog puts Iran, with its population of 80mn, in worldwide focus as a trading partner
Munich-based international exhibition company Internationale Messe- und Ausstellungsdienst (IMAG) is partnering in or organising eight trade fairs in Tehran.
“Regardless of whether a company is specialised in the processing of crude oil, in the automotive industry or in environmental technology, the interest in Iran regarding expertise and products from abroad is tremendous at this time,” sais Peter Bergleiter, managing director of IMAG.
One of the most important of these is IranConMin, the international trade fair for construction machinery, mining, building materials and the natural stone industry, being held from 5-8 November 2016, at the Permanent Fairground in Tehran.
This is the twelfth edition of the show, which last year attracted 200 exhibitors, around half of them from abroad, and 19,000 visitors. This year, there will be national pavilions from Germany, China, Korea and Finland. The event offers a well-established platform to present products, innovations and solutions to a receptive clientele in one of the most important growth markets.
IranConMin also includes a technology symposium organised by the German Construction Equipment and Building Material Machinery Association (VDMA) on 6 November, entitled ‘Machines and systems for producing concrete, concrete products and pre-fabricated components’, where member companies will present their products and technologies. It is open to representatives of the building, construction and housing industry, in particular the precast concrete industry, and producers of concrete and concrete products.
IranConMin will be accompanied by the International Mining Congress, organised by the Iranian Mining Association to discuss the latest developments and technologies.
Iran’s construction industry is in need of equipment modernisation, while in the traffic infrastructure sector, there is great need for investment in road construction as well as for the expansion and modernisation of airports, ports and rail mass transit and mainline systems, say the organisers.
The mining sector is also regarded as a sunrise industry because of Iran's resource wealth. Iran’s plans to extensively expand its metal industry will require a comprehensive expansion of mining. Iran has large deposits of iron ore, copper and zinc. The extraction of marble also plays an important role.