Research & Markets Expects Growth in Iranian Construction Sector

Iran's construction sector is expected to have expanded marginally by 0.7% in 2020 - down from the 8% growth in 2019.
A report by Research and Markets expects the country's construction output to expand by 1.8% in 2021, before registering an annual average growth of 3.3% between 2022 and 2025.
This will be supported by investments in the energy, oil and gas, petrochemicals, infrastructure and industrial sectors. In an effort to boost the economy and improve infrastructure, the Iranian government aims to complete over 3,900 km of new railroads and roads by March 2022.