In August of 2015 we visited the International Exhibition of Building and Construction Industries Iran Confair in Tehran, one of the biggest construction related trade shows in the region with over 1200 domestic and foreign exhibitors.
Confair Iran is a four day event being held at the Tehran Permanent Fair ground in Tehran, Iran. This event showcases products like architectural hardware, floor & wall coverings, color, lifts and crane, locks & handles, pipes & fitting , tools, sanitary ware & hygienic, doors and windows, furniture, natural stone, stones, building materials, and many other products in the Building Construction industry.
Companies that took a strategic choice to venture into the opening Iranian market have made a winning bet. Iran Confair provides you with the a head start in the race to the numerous opportunities in Iran’s construction and projects sectors. Exhibitors can acquire hands-on knowledge about the Iranian construction market and the challenges and opportunities it presents, meet new prospective buyers and suppliers and present their products to existing clients, and network with the country’s top construction companies and decision makers.
Investment opportunities in Iran include following:
– Severe shortage of housing stock, demand is about 1.5 million housing units per year, and only around 700,000 units are completed each year
– To create balance between supply and demand 4 million new residential units need to be built
– Restoration of 14 km of critically decaying buildings over the next ten years in Iran requires over $143 billion
– Iranian government earmarked over $14 billion for water projects over the next few years
– Iranian government allocated $5 billion for expanding wastewater treatment infrastructure
The government is also planning to undertake several major infrastructure improvement and development projects, including highways, roads, railroads, ports, and airport facilities.
– $23 billion for the completion of Gorgan-Inche Boroun railway
– 745 kilometers of freeways
– 5,626 kilometers of highways
– 2,970 kilometers of main roads
– $2.5 billion for building two additional transit terminals at the Imam Khomeini International airport