Iran Construction Industry Report 2025: Output to Register an AAGR of 3.9% Between 2026-2029 After Growth of 2% in 2025, Supported by Investments in Energy, Infrastructure, and Oil and Gas Sectors

Aerial view of large-scale construction site in Iran featuring oil and gas infrastructure, energy facilities, and ongoing infrastructure projects under development in 2025.

Iran’s construction sector is poised for steady expansion, with real-term growth of 2% anticipated in 2025, followed by an annual average growth rate (AAGR) of 3.9% from 2026 to 2029. This trajectory is primarily fueled by substantial investments in energy projects, infrastructure development, and the oil and gas industry, alongside contributions from industrial, transport, and … Read more