Head of Investment Organization Announces: Iran’s Comprehensive Plan for Post-War Reconstruction of Vital Industries

Iran's Deputy Economy Minister has announced the start of a new phase in the reconstruction of the country's vital industries following the "Third Imposed War," describing Bushehr Province, especially the city of Asaluyeh, as one of the main hubs of Iran's economic activity.

The Deputy Minister and Head of Organization for Investment, Economic and Technical Assistance of Iran, Mehdi Heidari, made the remarks during a trip to Bushehr Province. Speaking at a meeting attended by members of parliament, provincial economic officials, bank and insurance managers, chamber of commerce members, and heads of affiliated organizations under the Ministry of Economy, Heydari stated: "Bushehr Province is the beating heart of Iran's economy.

"He noted that some petrochemical industries in the region had faced disruptions during the recent war, but following planned measures, the full restoration of production capacity is now on the government's agenda.According to Heidari, the Ministry of Economy has designed new models for post-war reconstruction and financing.

A key measure is the exemption of capital goods used in production from customs procedures, in order to accelerate the modernization of industries.He also announced the finalization of a "foreign exchange bond and fund" plan by the Supreme Council of the Stock Exchange and the Central Bank, saying: "This plan has been formulated to incentivize investors, whereby the transfer, profits, and return of contributions will be conducted in foreign currency.

"The Deputy Economy Minister identified attracting investment in the upstream energy sector as a serious priority for the government, emphasizing that strengthening infrastructure in this area can play a significant role in the sustainable growth of the national economy.

Heidari concluded by stressing that reforming regulations and eliminating redundant red tape in the licensing process must be pursued seriously to smooth the path for private sector activity.

News ID 739652