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Investor Relations
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FinancialNews
02-08-21
Iran gets prepared to start constructing 1.3M affordable housing units
(MENAFN)Strategies were put and preparations were done to launch the constructing 1.3 million affordable housing units across the country, according to Iran’s deputy transport and urban development minister.
ILNA quoted Mahmoud Mahmoudzadeh as saying that the needed regulations were ready and facilities were established to provide land for the stated housing units by the next government.
Mahmoudzadeh further stated that “With the measures taken, the conditions are more favorable for the new government to begin the work.”
More than 534,000 housing units are in several stages of construction and implementation under the framework of the National Housing Action Plan, of which over 40,000 units were handed over to the owners, the official added.
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