Divestiture of 40 percent of Pars Holding Company
40 percent shares of Pars Holding Company to be divested on April 17th 2018.
Increase in Participation of Real Private Sector in State Divestitures
Finance minister of Islamic Republic of Iran stated share of real private sector participation in divestiture of state-owned assets has surged to 70 percent during 10th and 11th government.
Minister of Youth and Sports Declared Ready to Divest Esteghlal F.C. and Perspolis F.C.
The head of Iran Privatization Organization (IPO) stated Minister of youth and sports has declared ready to divest Esteghlal Football Club and Perspolis Football Club to private sector and stated ?At this stage IPO awaits official communication between ministry of finance and ministry of youth and sports to be completed. Upon completion, required tasks will be undertaken.?
Government Incentives for Private Sector and Cooperatives Participation in Privatization
Deputy of Iran Privatization Organization (IPO) stated ?Employing step-up loans, reducing interest rate on installments and lengthening installments repayments duration are among measures taken to facilitate real private sector participation in divestitures of state-owned assets by Iran Privatization Organization (IPO). ?
Government Stands Firm On Its Pledge to ?Delegation of Tasks to Business Owners and Avoidance of Government Competition with Public?
Finance minister of Islamic Republic of Iran stated government stands firm on its pledge to ?delegate tasks to businesses owners and avoid government competition with the private sector.?
Divestiture of 11.44 percent of Amin Reinsurance Company
11.44 percent shares of Amin Reinsurance Company to be divested on 19th March 2018.
Divestiture of State-Owned Assets Surpassed 12044 Billion Rials
Since the beginning of Persian calendar year to date total value of 12044 billion Rials of state-owned assets and company shares has been divested through auction sale and Tehran Stock Exchange (TSE).
Forty percent of Samen Civil Development and House Constructors
40 percent of Samen Civil Development and House Constructors to be divested through auction sale by Iran Privatization Organization (IPO).
Block Trade of 40 percent shares of Pars Agro-Industry & Animal Husbandry Company
A total number of 130 billion shares of Pars Agro-Industry & Animal Husbandry Co. to be divested through Iran Privatization Organization(IPO).