TCCIM Official Examines Feasibility of New Gov’t Housing Project

The annual construction of one million housing units under the new government plan named “Surge in Housing Production” is achievable but the lack of amenities such as water, electricity and natural gas will impede the project, Mohammad Atabak, the deputy head of Tehran Chamber of Commerce, Industries, Mines and Agriculture, says. 
One week into office, Minister of Roads and Urban Development Rostam Qasemi said in a televised interview that in view of the available means, he believes that the construction of one million housing units per year is possible. 
“Not only the provision of building materials needed for the construction of one million housing units is doable, but it is also possible to export building materials,” he said.    
The TCCIM official, who has years of experience in real-estate development under his belt, believes that building materials produced in Iran are sufficient to meet the needs of the project but not under the current circumstances where steel and cement factories are grappling with electricity outages.