Why choose Iran?
Iran has an economic growth rate between five and eight per cent for 2016-2020 period. It is one of the main markets of Middle East and it is the 19th largest economy in the world regarding GDP.
It can be affirmed that Iran is the most important country in the Persian Gulf, because of its market as well as the features of it.
The country has a population of 80 million inhabitants and it is increasing food and beverages imports with purchases of 12.695 million dollars in 2014. These purchases are also increasing in agricultural equipment, machinery for mining industry and renewables energies. Besides, they are expected to continue during next years with the objective of becoming up-to-date.
Iranian market is a very interesting market for Spain both for goods and services industries. Regarding merchandises, Spanish level of technology fits in perfectly to become an important supplier of Iran. Regarding services, although Iranian engineering is quite developed, it has not the Spanish level, that is why Spanish companies should make collaboration agreements with Iranian companies.
As the most important conclusion, it can be said that Iran is searching for improving its technology in both public and private sector and they have liquidity to do it.