Why invest in Iran?
To invest in Iran means investing in the leading Nation of the next eleven (N-11) identified by Goldman Sachs and by the economist Jim O’Neill, together with BRICS, as the greatest economies of the world in the XXI century.
Iran counts 80 million inhabitants, two thirds of which are under 35 years of age and the average level of education is high.
It’s a regional junction, the foundation to reach a market of 400 million consumers in the near nations of the Middle-East and of the Ex-Soviet Union in Central Asia.
Just as in Italy, the 90% of the businesses are small-medium sized companies.
The agreement on the nuclear program, signed on the 14th of July 2015 by, between Teheran and the five plus one (UN Security Council members and Germany), has not only redesigned the geopolitical scene in the Middle East but also has a remarkable impact in economic terms, despite the USA’s pressing.
Cancelled the embargo on oil, gas and petrol derivate products and all the relative technology; cancelled the restrictions on gold trade, diamonds and precious metals; Iran will re-enter the Swift system, which guarantees international bank transfers.
In the first decade of 2000, Iran grew by 5% per annum according to the World Bank; the big frost is over, next year it is expected to grow up to 7%. The government wants to invest 15 billion euros in the coming years in transport: airports, ports, railways.
Oil remains the base of the Iranian economy and accounts for about 80% of exports and is the first source of State income.
The government’s goal is to return to the pre-sanction level by the year and then increase but it needs investments to modernize the plants.
It also has large gas reserves (it is second only to Russia for owning reserves).
The automotive industry, which accounts for 10% of Iran’s gross domestic product, has great ambitions.
That is why you should invest in Iran.
Italy, the first European partner
The “Made in Italy” is very well know and appreciated.
That’s why Italian and European companies should seriously think about investing in Iran.
In Iran-Iraq war (1980-1988) the Iranian population were victims of an attack without any notice.
Despite this, the major international leaders were deployed in support of Iraq.
Italy, instead, asked and obtained for its Parliament to block military supplies which had already been paid and built and which were to deliver to the to the Iraq Navy.
If Italy hadn’t done so, Iraq would’ve become the greatest naval power of the region and probably would’ve won the conflict.
This is just one of many reasons why the Iranian population is grateful and loves our nation.
Italy was one of the first European nations to resume economical contacts with Iran in late 1998.
Italian companies, especially the small-middle sized ones, continued working in Iran even during the period of economic sanctions, despite great difficulties.
Italy has today returned to be Iran’s first sales partner inside the EU: it’s certified by Eurostat statistics which report a record 1,2 billion euro in trade with Teheran.
The two nations, successors of the ancient Persia and Rome which have used culture in all its forms to be the fertile ground upon which to base their, have scored a new record, the last of many.
In fact, even the Maestro Riccardo Muti, chose the Iranian capital to host his latest concert homage to Verdi.
In 2019, as forecasted by SACE, the exports from Italy to Iran should increase to the maximum record of 2,5 -2,6 billion euros.