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Iran: Plan Afoot to Sell Construction Materials on Credit

Plan Afoot to Sell Construction Materials on CreditPlan Afoot to Sell Construction Materials on Credit

The Ministry of Roads and Urban Development is finalizing a plan for selling construction materials to major home builders on credit. 
"The plan will be carried out in cooperation with Bank Maskan, the state-run agent bank of Iran’s housing sector, and will be implemented as soon as it is finalized," Roads Minister Mohammad Eslami said. 
The project is aimed at reducing the end price of homes by controlling construction costs, maintaining the quality of construction materials and controlling the inflow of money into the housing market. 

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