Iran Infrastructure Report Q2 2014 - New Market Report
Our outlook for the Iranian construction industry in the short- to medium is turning more optimistic. Although we estimate there was a contraction of 1% in real terms in 2013, we forecast the industry to grow by 1% in 2014 and by an average of 3.8% over the next five years. Our more positive outlook is based on reduced economic sanctions from the West with regards to Iran's nuclear programme, low base effects, and a high demand for infrastructure projects....
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