Boasting a history of several millennia, rich natural resources, a young and highly educated workforce, and last but not least, a disdained geopolitical position, Iran is located at the crossroads of opportunities. Sharing international borders with 15 sovereign states, Iran ranks 17th in terms of geographical size and 18th in terms of population and the world, and provides access to a large market of around 600 million people across the region.
Apart from its rich oil and gas resources, Iran also has other valuable mineral reserves. With 1% of the world’s population, the country has 7% of the global mineral resources. In addition, Iran is one of the major global exporters of steel, petrochemicals, and cement.
Iran’s Supreme Economic Coordination Council, chaired by President Masoud Pezeshkian, has approved new financial incentives to support the private sector’s involvement in renewable energy development, particularly the purchase, production, and installation of solar panels.
