Iran Engineering Tenders

Boasting a large pool of skilled engineers and a thirst for infrastructure development, Iran's engineering market is a potential goldmine. With a market size exceeding $181.5 billion in 2022, it presents vast opportunities for both domestic and international players.

The Iranian government plays a key role in driving this growth, with procurement spending on engineering projects reaching $2.9 billion in 2018. This covers a wide range of sectors, from power and water to transportation and oil & gas.

Power plants, water treatment facilities, and pipelines top the list of products and services procured by the Iranian government. Additionally, demand is high for construction, design, and consultancy services, reflecting the country's focus on modernization and expansion.

Several authorities oversee this massive procurement process. The Ministry of Industry, Mine and Trade (MIMT) plays a central role, while specialized entities like the National Iranian Oil Engineering and Construction Company (NIOEC) handle specific sectors.

Top Local Winners of Iran Engineering Procurement:
Khatam-al-Anbia Construction Headquarters: Their expertise extends beyond construction, encompassing various engineering disciplines for infrastructure projects.
Moharram Naft Engineering and Development Company (MONEDC): A leading oil and gas engineering company involved in designing and developing oil and gas facilities.
Sadra Engineering Consultants (SEDCO): A multidisciplinary engineering consulting firm providing services for various industries, including oil and gas, petrochemicals, and power.
Farab Payeh Consulting Engineers: Their expertise in bridges and tunnels extends to other engineering services like structural and transportation engineering.

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