PPE Investment Sound, Secure
Economy, Business And Markets

PPE Investment Sound, Secure

Controlling a hazard at its source is the best way to protect people from injuring themselves or others. Investment on personal protective equipment would partly serve this purpose.
PPE production can also be a sound and secure source of generating jobs and revenues in Iran.
“Close to 800 licensed producers of personal protective equipment are active in Tehran and 200 new applicants are waiting to secure permits to venture into this industry. These numbers show the great potential for growth in this field,” says the head of PPE Salespeople and Producers Union.
Reza Mirzaei Qarehlor added that there are no accurate figures on PPE imports to Iran but field reports indicate safety tools worth around $500 million were imported in the last Iranian year (ended March 20, 2015),” the Persian daily Forsat-e Emrooz reports.
Protective equipment may be worn for occupational safety and health purposes, as well as for sports and other recreational activities.
PPE includes a vast number of items such as helmets, gloves, eye protection, high-visibility clothing, safety footwear, safety harnesses, fire equipment, emergency service tools and vehicles. These are designed to protect the wearer from injury or infection.
All PPE clothing and equipment should be of safe design and high quality.
Ahmad Aminian, a PPE business owner, said, “The scourge of smuggling has also hit this industry. So-called safety tools of substandard quality are shipped into the country without proper supervision. That said, the added value of domestic production could help us access the 400-million market of Iran’s neighboring countries once we stem the flow of smuggled goods.”
On the export of Iran-made PPE, Aminian said Iranian products, particularly hard hats and safety footwear, are of much higher quality compared to those of other countries.
“If officials prepare the ground for Iranian producers’ presence in major international exhibitions, we would be able to capture many markets,” he said.    
Those with modest investment plans willing to start PPE production can start by manufacturing less complicated tools, says Reza Hami, a fire equipment producer.
“For instance, a small business like refilling fire extinguisher capsules does not require more than $8,500 in initial investment,” he said.


Short URL : http://goo.gl/741jI9
  1. http://goo.gl/6Iyf5Q
  • http://goo.gl/Q1Fmg4
  • http://goo.gl/h3MS78
  • http://goo.gl/SMv9G4
  • http://goo.gl/j2xDrk

You can also read ...

How China Became Iran’s Coziest Trade Partner?
From bilateral trade to finance contracts and civil projects,...
The economy of the Islamic Republic of Iran has been tied to political and foreign affairs developments over the years.
This is the Financial Tribune’s last edition of the current...
Iranian Banking Sector Awaits Full JCPOA Benefits
Iran’s Deputy Foreign Minister Abbas Araqchi addressed various...
President Hassan Rouhani on Sunday spoke to reporters after the last Cabinet meeting of the current year.
President Hassan Rouhani on Sunday outlined his administration...
Iran has more than 37 billion tons of proven mineral reserves and 57 billion tons of potential reserves.
Iran exported more than 58.09 million tons of mineral products...
All-Out Growth in Interbank Market
The Central Bank of Iran has released its latest data on the...