The private sector could help policymakers come up with most efficient measures to develop the high-potential mining sector, a member of Tehran Chamber of Commerce, Industries and Mining said, hoping that the new minister of industries will have a closer relationship with private sector players.
"The development of Iran's mining sector depends on the policymakers' willingness to accept the counsel of private investors … The new minister could prevent the repetition of previous mistakes and attract more investment to the sector," TCCIM.ir also quoted Sajjad Ghoroqi as saying.
Late September, the Iranian Parliament gave a vote of confidence to Alireza Razm-Hosseini who was nominated by President Hassan Rouhani to take the helm of the Industries, Mining and Trade Ministry after it was without a chief for about four months.
“The sector is facing major problems at present,” Ghoroqi said and referred to the government's decision to set a ceiling and a floor for steel prices.
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