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The Iranian construction industry is one of the largest in the Middle East, with a market value of over $180 billion in 2022. The industry is expected to grow at a CAGR of 5.6% from 2023 to 2027. The growth is being driven by a number of factors, including the increasing population, urbanization, and government investment in infrastructure.
The Iranian government is a major player in the construction industry, accounting for over 50% of all construction spending. The government procures a wide range of building products and services, including:
Construction materials
Engineering services
Architectural services
Construction equipment
The main building products and services procured by the Iran:
Concrete blocks
clay bricks
steel bars
cement
locally sourced stone.
Construction site management
logistics and transportation
labor recruitment
project financing
post-construction maintenance.
The top authorities for Iran building procurement are:
Ministry of Housing and Urban Development
Ministry of Road and Transportation
Ministry of Energy
Ministry of Water and Power Affairs
Ministry of Petroleum
The list of top winners in Iran:
Khatam-al-Anbia Construction Headquarters: Again, plays a significant role in building projects, especially government-funded ones.
Sadra Construction Company: A major contractor involved in residential, commercial, and industrial construction projects.
Bonyad Mostazafan Foundation: A charitable organization also involved in construction projects, particularly social housing and infrastructure development.
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