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.
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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.?
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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). ?
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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.?
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11.44 percent shares of Amin Reinsurance Company to be divested on 19th March 2018.
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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).
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40 percent of Samen Civil Development and House Constructors to be divested through auction sale by Iran Privatization Organization (IPO).
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A total number of 130 billion shares of Pars Agro-Industry & Animal Husbandry Co. to be divested through Iran Privatization Organization(IPO).
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A total 23,128 million number of shares to be divested by Iran Privatization Organization (IPO) through auction sale.
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Total divestiture of Khorasan Electrical Power Plant through auction sale.
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Divestiture of 22.09 percent of Kermanshah Province Industrial Parks (ISIPO) to be divested by Iran Privatization Organization (IPO) through auction sale.
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Block trade of 19.5 percent of IRALCO to be divested through Tehran Stock Exchange (TSE) on 6th March 2018.
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