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Issue No. 48 - August/September 2009

Cashed-up Iran seeks import volume

by Ms Sarah Newman

Despite earning strong energy revenue and making efforts to build up local capacity, Iran still cannot satisfy the demands of its 69 million people.

“In the food sector, bread and rice are daily staples for 99% of Iranians. Exporters of wheat, rice and barley are on the first platform to sell. Frozen meat, chicken, and tuna for can-tuna manufacturers have comprised a high volume of exports to Iran,” says Hossein Kazemi, President of the Australia and Iran Chamber of Commerce and Industries Inc.

“Iran is also an importer of medicines, medical equipment, infant milk and infant food. The education sector provides excellent opportunities, as 50% of Iran’s population are under 30 and thirsty to learn. Local universities haven’t enough capacity to accept all annual applicants. Some of them wish to continue their studies in foreign universities and can afford costs.

“In recent years, nursing home development plans have been big projects in Iran and there is a lot of room for Australian companies involved in nursing home development to do joint ventures with Iranian partners.

“Iran is good market for IT and computing service providers, networkers and software producers. GPS systems, standardisation, and occupation health and safety are new challenges in Iranian industries.”

Iran is a major oil and natural gas producer and offers a very good opportunity for Australian fuel suppliers. Most contracts must be negotiated through the Iranian...


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