The historic nuclear agreement officially known as the Joint Comprehensive Plan of Action (JCPOA), signed this July between Iran and the P5 +1, could bring an end to three long decades of economic and diplomatic isolation for Iran, the biggest economy to open up since the fall of the Soviet Union in 1991.
With a large and growing middle class, a young and well-educated work force, a diverse manufacturing base and extensive natural resources, including the world’s second-largest natural gas reserves, Iran offers immense opportunities in various industries including Oil & Gas, Automotive, Aviation, Consumer Goods, Telecoms and Real Estate. Following the nuclear deal, international companies are eyeing the Iranian market and are keen to reap the benefits this market of 80 million consumers offers.
The successful delivery of corporate real estate and consultancy projects in Iran for international clients over the last decade has provided Source8 with extensive knowledge and understanding of doing business in the Iranian market. Anser Rizvi, Director of Consulting & Analysis, was on a recent trip to Tehran to study the market and assess the opportunities and challenges that the Iranian market presents as outlined in this white paper.
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