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s first phase 20 about 3 7 million people have so far registered for mehr housing plan 2008 about 10 million rials is to be paid by applicants for preparing the land and another 10 million to be given by the government in the form of banking facilities applicants should pay about 20 percent of the construction costs in addition about 140 million rials worth of housing loans will be granted to them 10 000 rials 1 usd in 2008 21 while most iranians have difficulties obtaining small home loans 90 persons have managed to secure collective facilities totaling 8 billion from banks citation needed problems regarding lack of utilities has been reported for the project including lack of access to water power gas and sewerage lines 16 starting in 2014 the mehr housing scheme will be taken off the balance sheet of the central bank of iran the government of president rouhani announced that by 2017 the mehr housing project will be replaced with cheap loans to needy families with the stated objective to build only 150 000 homes on a yearly basis 22 restorations edit see also iran s subsidy reform plan and list of earthquakes in iran restoration of old buildings is one of the priorities for the government of iran 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 4 the government will earmark 11 5 percent of the funding while the rest will be supplied by public investment and bank loans 2007 the refurbishment of aged buildings nationwide has increased to 6 3 billion in 2010 from 3 3 billion in 2009 23 another avenue for restoration in light of the new energy subsidy reform is to make housing more energy efficient in terms of heating in addition iran s geographical position over a seismic belt necessitates the reinforcement and renovation of housing this is possible only through a boom in real estate development and foreign investment the plan is to provide a number of 1 8 million loans over a period of 6 years 2014 2020 ranging between 7 500 and 18 700 each 24 real estate investment edit see also economy of iran central bank of iran real estate tax in iran tehran stock exchange and urban plans in iran the housing sector plays an important role in the economy of iran it has links with 130 economic sectors contributes to more than 20 percent of fixed capital formation each year constitutes 25 percent of the balance of loans in the banking sector 33 percent of household expenses are housing expenses and the housing sector contributes around 12 percent of employment to the economy 24 in terms of investment the domestic rival markets of real estate market are gold car and the iranian bourse 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 in iran only government employees pay their fair share of income taxes and no one pays a capital gains tax which has allowed the rich to squirrel away their speculative real estate gains abroad prices for imported goods have increased somewhat along with global inflation but prices of non tradables have increased at a much faster rate with tehran s real estate prices increasing by about 1 500 2 000 sic over the last 10 years resulting in a highly overvalued currency and damaging iran s competitiveness 25 mortgage financing edit as of 2016 main mortgage lenders in iran are 22 banks bank maskan charities housing foundation of islamic revolution imam khomeini relief foundation state welfare organization of iran statistics edit see also economy of iran profile of the macroeconomics and the housing sector in iran source ministry of housing urban development 13 2006 2007 no of household 17 5 million housing stock 15 97 million units amount of investment in the housing of the whole country 21 billion dollars housing share of total capital formation 25 35 housing share of gdp 5 6 investment return 30 housing share of total employment 13 average annual demand for housing for the next 5 years 1 2 million units production of housing 838 000 units housing production per 1000 person 1 2 units housing edit see also maskan bank and architecture in iran 2003 60 mil square meter of buildings have been constructed 6 construction is mainly concentrated on urban areas and tehran 2003 approx 170 000 new urban construction projects 6 close to 3 percent of houses built inside the country are prefabricated 26 2003 investment of 3 6 bn into urban housing 6 2003 housing bank us 1 3 bn for 217 000 loans 6 business monitor international bmi forecasting a compound annual growth rate of 12 2 percent for 2008 2013 one of the main reasons for this growth is that there remains a severe shortage of housing stock in iran wherein demand stands at around 1 5 million housing units per year while only around 700 000 units are completed each year 27 industry edit see also industry of iran industrial development and renovation organization of iran and khatam al anbiya construction headquarters 2003 9 000 establishment permits for new industrial units plus expansion 6 2003 3 236 operation permits 6 share of industrial construction in iran 3 2005 30 2012 citation needed iranian contractors have been awarded several foreign tender contracts in different fields of construction of dams bridges roads buildings railroads power generation and gas oil and petrochemical industries the availability of local raw materials rich mineral reserves experienced manpower have all collectively played crucial role in winning the international bids 28 government edit see also ministry of housing and urban development iran and government of iran karun 3 dam iran is among the world s largest dam builders 29 development budget 2004 6 7bn us 3bn construction us 1 7bn machinery us 2bn others iran is among the world s largest dam builders 29 construction materials edit see also industry of iran mining in iran and imidro part of the material is supplied by traditional markets such as the tehran based grand markets of iron and cement 2003 27mil mt cement 2mil mt export steel tiles stones fixtures etc 6 some 280 million square meters of tile and ceramic were produced in 2010 30 in 2014 iran ranked fourth in the world in terms of tile and ceramic output with an annual production of 500 million square meters 31 according to the industries and mines ministry the current cement production in 2006 07 is over 40 million ton which 13 5 increased comparing with 2005 06 as of march 2010 iran s total nominal production capacity stood at 62 million tonnes 32 33 iran reached self sufficiency in cement production in 2009 iran now produces 200 000 tons of cement per day and plans to export 25 million tons of cement per annum by 2010 34 there are 57 active production units in iran 32 in 2011 the ministry of commerce ratified a 14 increase in the price ceiling for cement products which will have the effect of supporting share prices of this industry in the future 35 the largest float glass factory in the middle east is located in qazvin province and produces 120 000 square meters of glass from 1 2 to 19 millimeter thickness on a daily basis or 180 000 tons of glass annually 30 percent of the output is exported to europe 36 problems edit 2003 despite increase in budget insufficient support of government 6 specifically lack of mass housing due to sharp increase of urban population 6 lack of financial facilities 6 latest development edit government municipalities taking active steps to encourage private and foreign investment 6 introduction of housing bonds 6 emphasis on private sector governmental companies to large extent barred from urban housing projects 6 government puts main emphasis on unfinished projects some statistics put the number of unfinished projects across iran at about 50 000 37 reform of technical standards regulations 6 better statistics transparencies opportunities for foreign companies edit see also foreign direct investment in iran and tax exemptions in iran 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 general iran has capable construction and engineering companies mass housing in 2010 five foreign companies from turkey and south korea have concluded contracts to build 40 000 houses in iran in relation to the mehr national housing plan 38 previously companies from malaysia and south korea have won development contracts under the mehr housing project 20 new technology large projects dams tunnels industrial projects oil industry there are hundreds perhaps thousands of big tunnels in iran 39 joint projects in iraq 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 according to the statistics presented by the iran imports book which is published by the islamic republic of iran customs office 40 iran s major imported items in 2003 included 6 block and tackle cranes digging and excavation machinery elevator wares hygienic products made of plastic and china iron and steel iron slabs and steel iron and steel bars rolled iron and steel wares plaster and cement pre fabricated buildings road building machinery stonewares other imported items are glass timber flooring lighting paint electrical and electronic fittings and accessories lock key hardware and aluminum for façade design industry standards edit see also science and technology in iran manufacturers and suppliers are required to have iso 9000 certification in order to export to iran european union standards en bsi din anfor uni nni on ibn ipq ds nsf see sis nsai elot north america national standards ansi astm agi api japan national standard jis and international standards iso codex itu iec are also accepted in order to export to iran further information is available from the institute of standards and industrial research of iran see also edit iran portal engineering portal architecture portal bank maskan banking and insurance in iran economy of iran healthcare in iran hepco imidro international rankings of iran iranian architecture iranian labor law iranian offshore engineering and construction company khatam al anbiya construction headquarters list of dams and reservoirs in iran list of earthquakes in iran transport in iran water supply and sanitation in iran references edit ayse valentine nash jason john leland rice january 2013 the business year 2013 iran london u k the business year p 82 isbn 978 1 908180 11 7 archived from the original on 2016 12 27 retrieved 2014 03 16 1 2 iran daily domestic economy 12 23 06 archived 2007 09 07 at the wayback machine 1 2 iran daily domestic economy 04 09 07 archived 2007 09 06 at the wayback machine 1 2 construction to iran for australian exporters austrade archived from the original on 2007 03 06 retrieved 2007 02 09 iran daily domestic economy 08 07 08 iran daily com archived from the original on december 12 2008 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 construction to iran for australian exporters austrade archived from the original on march 6 2007 retrieved 2007 03 06 cite web cs1 maint bot original url status unknown link retrieved on 2012 07 16 permanent dead link about the middle east report middle east research and information project archived 2010 06 20 at the wayback machine merip org retrieved on 2012 07 16 kamal athari sanjesh dar andakhtan e tarhi no e goft o gu 39 march 2004 and bakhsh e maskan dar iran bazar ya barnameh iran farda 7 july 1993 روبرونیوز زندانی های چینی به ایران می آیند تا برای مردم ایران خانه بسازند جزئیات یک افشاگری جنجالی واکنش فوری وزارت راه و شهرسازی روبرونیوز نیوز اصلاحات 17 february 2024 زندانی های چینی قرار است برای ساخت مسکن به ایران بیایند اصلاحات نیوز archived from the original on 19 february 2024 فیروزه pdf archived pdf from the original on 2016 03 03 retrieved 2015 07 06 1 2 3 ministry of housing urban development foreign investment in the housing sector of iran pdf archived from the original pdf on february 26 2012 retrieved february 19 2016 iran daily domestic economy 11 30 08 archived from the original on june 9 2009 retrieved february 6 2016 فیروزه pdf archived pdf from the original on 2014 07 14 retrieved 2014 07 12 1 2 unknown title link removed no 3870 domestic economy page 4 archived 2011 02 03 at the wayback machine irandaily retrieved on 2012 07 16 iran daily domestic economy 01 11 09 archived from the original on march 18 2009 retrieved february 19 2016 iran daily domestic economy 12 16 08 iran daily com archived from the original on january 30 2009 1 2 archived copy pdf archived from the original pdf on 2012 01 23 retrieved 2010 08 26 cite web cs1 maint archived copy as title link iran daily domestic economy 04 17 08 archived from the original on october 12 2008 retrieved february 19 2016 1 2 iranian lawmakers address housing urban needs in sixth plan 2 january 2017 archived from the original on 2017 01 04 retrieved 2017 01 03 iran boost credits to refurbish old buildings archived 2011 07 16 at the wayback machine tehran times retrieved on 2012 07 16 1 2 archived copy pdf turquoisepartners com archived from the original pdf on 12 february 2015 retrieved 15 january 2022 cite web cs1 maint archived copy as title link asia times online middle east news iraq iran current affairs archived 2012 02 07 at the wayback machine atimes com 2008 08 26 retrieved on 2012 07 16 iran daily domestic economy 11 09 08 archived from the original on june 3 2009 retrieved february 19 2016 iran daily domestic economy 07 27 09 archived from the original on august 31 2009 retrieved february 19 2016 سازمان توسعه تجارت ایران archived from the original on 2011 01 28 retrieved 2010 10 29 1 2 iran daily domestic economy 11 29 06 archived 2007 09 27 at the wayback machine no 3955 domestic economy page 4 archived 2012 05 11 at the wayback machine irandaily 2010 03 20 retrieved on 2012 07 16 دسترسی غیر مجاز archived from the original on 2014 07 25 retrieved 2014 07 17 1 2 archived copy pdf archived from the original pdf on 2010 12 14 retrieved 2010 10 31 cite web cs1 maint archived copy as title link iran 30 billion dollar to be invested in industry archived from the original on 2008 12 10 retrieved 2008 11 15 iran daily domestic economy 04 14 09 iran daily com archived from the original on 2009 06 19 فیروزه pdf archived pdf from the original on 2013 07 21 retrieved 2011 09 22 iran to open mideast s largest float glass factory 16 april 2010 archived from the original on 2011 06 13 retrieved 2010 05 06 why iran s green movement objects to president s economic style archived from the original on 2011 06 29 retrieved 2010 03 01 fore...