According to some recent news and reports at this website, after returning back of the calmness to the market due to the arrest of plastics markets disruptive groups, the experts of this website predict that the next year will be a year with full of opportunities and increase in production for Iranian part and component producers. (See the title and the link of these news at the end of this article).
Obviously, the presence of these opportunities adds to the need of purchasing new machinery from inside and outside Iran. Some of the reasons for this prediction are:
1- In the event of reduction of the foreign purchases from the Iranian petrochemicals due to sanctions, these units will have to sell their materials to Iranian producers with credit lines and cheaper, after many years of lack of attention to the Iranian converters.
2. The Iranian converters and part makers must enter the competitive environment to renovate, rebuild, and make fundamental changes to their production lines.
3. In order to make these changes, it is inevitable that the machinery and molds have to be imported from outside Iran, because domestic production can’t fulfill this demand also, sometimes, they don’t have enough speed for production of some parts.
4. Part of the government’s effort is to create higher employment, for which the Government is to provide adequate funding for the next year in the public budget for the next year. This budget is now under discussion of the Iranian Parliament.
5- On the basis of other news (click here), the government considers tax exemptions for importing machinery, raw materials and other needs of the manufacturing industry.
In this way, it can be assumed that the next year will be the year of major purchases in the machinery and mould sectors.
Image: Courtesy of Parsian Injection Moulding Manufacturing company.
Referral News:
Importing Raw Materials, Machinery and Equipment are in Priority for Customs Exemptions
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