Iranian Privatization Organization

In the 15 Past years, more than Rls 1,400,000 billion of the state shares are divested by Iranian Privatization Organization (IPO) throughthe different methods.

Since 21 March till 22 September 2015, more than Rls 2,459 billion of state shares are divested by Iranian Privatization Organization (IPO).

In a report, Iranian Privatization Organization (IPO) quotes from Financial Tribune, 02 September, 2015, Section Business & Markets, P. 7:

During the past 5 months, more than 2,406 billion Rls of state shares are divested through the Stock Exchange, Over the Counter (OTC) and Tender.

In response to the World Bank’s prediction that economic growth in Iran can top 8% over two years once sanctions are lifted, two Iranian economists have discussed the feasibility of the figure in talks with Eghtesad News.

After the presidential election in June 2013, almost every investor in Tehran Stock Exchange was waiting for Iran and P5+1 to reach an agreement, which would have consequently led to the lifting of sanctions on Iran.

The 20 state fuel stations, located at 7 provinces of the country, are divesting through the tender method.

International business research groups and organizations are predicting economic growth in Iran after the country reached an agreement with the P5+1 (the five permanent members of UN Security Council plus Germany) on July 14 in Vienna to limit its nuclear program in exchange for the relief of economic sanctions imposed by the UN Securit Council, the United States and the European Union.

The head of Iranian Privatization Organization (IPO) explained about the obstacles of the state transfers, during the past years.

During the past 15 years, amount to 1,363,000 Billion Rls. of state shares are divested which 28% of it is within 2 years of the 11th government activity.