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People, Travel

150 Historical Buildings to Be Sold to Private Sector

Iran’s Revitalization and Utilization Fund for Historical Places will cede 150 historical buildings to the private sector in the Iranian calendar year (started March 20).

The fund’s deputy for investment affairs, Ali Kazemi, said the plan was well received last year compared to the years before and the fund was able to transfer the ownership of “more historical sites than in all the previous years together.”

“We expect to hand over 150 buildings this year and will spare no effort to achieve this goal,” he was quoted as saying by Mehr News Agency.

The plan calls for auctions each month to sell a specific number of structures.

“Twenty new buildings in 16 provinces are slated to be handed over at the end of the current Iranian month of Farvardin (April 19),” said Kazemi, adding that other buildings in possession of the fund and those which will be given to it by the government will be placed in the monthly auctions.

To sell 150 structures, the fund is planning to expand its advertising programs as well as improve cooperation with provincial offices of Iran’s Cultural Heritage, Handicrafts and Tourism Organization to help promote the benefits of restoring historical sites, the official said. He called for concerted efforts on the part of provincial officials to help sell the buildings to private owners.