construction
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Construction PMI Bounces Back Above Threshold
EghtesadOnline: The PMI for the construction sector settled at 51.11 in the fifth month of the current fiscal year (July 23-Aug. 22) from 46.7 in the preceding month (June 22-July 22), indicating…
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Q3 Construction Permits Under Review
EghtesadOnline: The Statistical Center of Iran has published new data on the number of building permits issued in Tehran and in other urban areas of the country.
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Monthly Construction PMI Stays in Contraction Mode
EghtesadOnline: The Iran Chamber of Cooperatives’ latest report on Purchasing Managers’ Index for the domestic construction industry reveals a contraction although it registered a slight uptick…
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Construction Growth at 7% in H1
EghtesadOnline: The construction sector grew by 7% in the first half of the current fiscal year (March 21-Sept. 22) compared with last year’s corresponding period, latest data released by the…
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Fiscal 2020-21 Construction Permits Under Review
EghtesadOnline: The Statistical Center of Iran has published new data on building permits issued in Tehran and other urban areas during the fiscal 2020-21 (ended March 20).
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Monthly Construction PMI Slips Below Threshold
EghtesadOnline: A new report by Iran Chamber of Cooperatives shows the monthly Purchasing Managers’ Index for the domestic construction sector has declined below the 50-mark.
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Monthly Construction PMI Rallies 19.25% to Break Above Threshold
EghtesadOnline: A new report by Iran Chamber of Cooperatives shows monthly Purchasing Managers’ Index for the domestic construction sector has grown to stand above the 50 mark.
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Lake Urmia Restoration Plans Register 90 Percent Progress
EghtesadOnline: Construction work to channel water from Zab River along the western borders to the troubled Lake Urmia in the northwest has registered 90% progress and is expected to come on…
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Iranian Residential Construction Materials Evaluated
EghtesadOnline: Steel frames and reinforced concrete were used in the construction of 52% of residential units in urban areas and 22.3% in rural areas in the year ending March 2020, according…
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Construction Permits Under Review
EghtesadOnline: The Statistical Center of Iran has published its latest data regarding construction permits issued in Tehran as well as the country’s other urban areas during the fourth quarter…
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71 Hospitals Built in Eight Years
EghtesadOnline: Seventy-one hospitals were built and operated from the fiscal 2013-14 to the fiscal 2020-21, according to the Public and State-Owned Buildings and Facilities Construction Organization…
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Budget Earmarks $15.7b as Home Construction Loans
EghtesadOnline: As per the Budget Law for the fiscal 2021-22, all banks and credit institutions must pay construction loans for a total of 1.2 million residential units in the current Iranian…
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Tehran Construction Material Inflation Hit 76.4 Percent
EghtesadOnline: The general price index of construction materials for residential properties in the city of Tehran, using 2011 as the base year, stood at 902 in the fourth quarter of last Iranian…
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Iran Government Plans to Complete Five Rail Projects by August
EghtesadOnline: The government plans to complete the construction of five rail projects, all of which have so far had more than 50% progress, by the end of its term in August, according to a…
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New Dams in Bushehr to Help Store Surface Runoff
EghtesadOnline: Two dams were built in southern Bushehr Province in eight years and six more are under construction.
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Construction of Sirik Power Plant Will Start Soon With Russian Loan
EghtesadOnline: The construction of Sirik Power Plant in Sirik County, Hormozgan Province, which is financed by Russia, will start soon, Energy Minister Reza Ardakanian said on Sunday.
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Yazd Shows Green Energy Progress
EghtesadOnline: Construction of the 10 megawatt solar farm in Bafq County, Yazd Province, has shown 49% progress, the Bafq governor said.
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Lorestan Building 8 Dams
EghtesadOnline: Eight dams are in different stages of construction in Lorestan Province, managing director of the provincial Regional Water Company said.
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Iran Home Prices 500% More Than Construction Costs
EghtesadOnline: The per square meter price of homes in Iran are 500% more than their construction costs, a deputy minister of roads and urban development said.
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Building Construction Hits 100 Million sqm p.a.
EghtesadOnline: Each year, 100 million square meters of buildings are constructed in Iran’s urban and rural areas, according to the head of Construction Engineering Organization.
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Tehran’s Construction Materials Inflation at 59.6 Percent in Q3
EghtesadOnline: The general price index of construction materials for residential properties in Tehran grew by 59.6% in the four-quarter period to Dec. 20, 2020, which marks the end of the third…
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Construction Permits Up 34.5% in Q2
EghtesadOnline: Municipalities across the country issued permits for 137,431 housing units across Iran’s urban areas during the second quarter of the current fiscal year (June 21-Sept. 21, 2020),…
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Tehran Building Permits Down 20%
EghtesadOnline: The process of issuing building permits in Tehran during the third quarter of the current year (Sept. 22-Dec. 20) has been fast tracked compared with Q1 (March 20-June 20) and…
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Construction Sector Expands 5.4 Percent in 2nd Quarter
EghtesadOnline: The gross domestic product of Iran’s construction sector, which is the sub-sector of “industries and mining, sans oil” group, witnessed a 5.4% expansion in the second quarter…
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Experts Analyze Impact of Forex Appreciation on Real-Estate Prices
EghtesadOnline: Prices of construction materials are pegged to the value of the US dollar but the decrease in foreign currency exchange rate won’t necessarily lead to the fall in the prices of…
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2 Dams in Ardabil Near Completion
EghtesadOnline: The construction of Emarat Dam in Germi County in northwestern Ardabil Province is near completion, managing director of Ardabil Regional Water Company said.
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Tehran Construction Material Inflation Exceeds 40% in Q2
EghtesadOnline: The general price index of construction materials for residential properties in Tehran stood at 698.8 in the second quarter of the current Iranian year (June 21-Sept. 21), according…
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Ilam Dam Projects Appear Untenable
EghtesadOnline: Dam projects in Ilam Province have either been abandoned or making little progress if any and the Energy Ministry has not fulfilled its promises to help accelerate the construction.
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TPPHC Cannot Retire Ageing Power Plants
EghtesadOnline: So long as construction of new thermal power plants in Tehran Province is not complete he ageing gas and steam units cannot be phased out, head of the Thermal Power Plants Holding…