Conexio consulting


All these years behind Iran was so effected by the embargo, being a rough diamond. After the embargo was lifted the companies all around the world direct their interests and investments to Iran.

We can consider the following sectors and projects as the most interesting:


  • Total and China National Petroleum made an agreement of 20 years valued on 5 billion USD to develop the South Pars naturas gas area.
  • South Korean SK E&C signed a pre-agreement with Iran National Oil Company to develop the Tabrizi refinery. The Project value is 1,6 billion EUR.
  • The Chinese Sinopec signed a deal valued on 1.2 billion dollars with the Iranian National Oil Company for the 1st phase of Abadan refinery in Huzistan, south-west of the country.
  • Royal Dutch Shell has reached an agreement to consider three of Iran’s largest oil and gas fields, including the Azadegan and Yadavaran oil fields on the Iraqi border.

Automotive and transport:

  • Renault, Iranian Industrial Development and Renovation Organization and importer Parto Negin Naseh signed a 660 million-euro deal to build a joint venture factory in Iran to boost car production.
  • Volkswagen signed an agreement with Iranian local automotive company Mammut Khodro. Volkswagen come back to the market after 17 years.
  • PSA Peugeot Citroen and longtime partner Khodro signed a 400 million-euro joint venture agreement to overhaul automobile manufacturing plants. The French company has a five-year production and R & D agreement worth 300 million euros with the local producer Saipa.
  • Boeing and Aseman from Iran, signed a $ 3 billion deal to buy 30 units of 737 Max jets.
  • Airbus Group has signed a contract with Iranian officials for 100 aircraft, which are about 19 billion dollars in list prices.
  • Russian Transmashholding has reached a $ 3 billion deal to produce passenger wagons with the Iranian Industry Development and Renovation Organization.
  • Siemens signed a contract of at least 1.5 billion euros with the Iranian government to overcome its railways and produce passenger coaches.


  • Chinese CREC and Iranian Aluminum Inc., known as İralco work on with an agreement of $ 2 billion to start operations in Tehran’s Markazi province.


  • The South African-based MTN Group has agreed to buy 49 percent of internet provider owned by the Iranian state, for 540 million rand ($ 40 million).


What about Turkey ? Turkey also worked on many agreements with Iran in different sectors.

  • Iran’s Gadir Petrol Research and Investment Company, Turkey’s Unit International and Russian Zarubezhneft signed an energy deal in Moscow. The agreement, signed by an international consortium, in which all three companies are equal partners, is also the first tripartite investment agreement that an Iranian company has signed with foreign partners. The Project value is $ 7 billion and investments will be made in four zones, three of which are in the most important oil deposits (total reserve of 10 billion barrels, total daily production of 100.000 barrels) and one in a giant natural gas bed (75 billion cubic meters of annual production).
  • In addition to this agreement Unit International also made an agreement of 4.2 billion $ with Iranian Ministery of Energy to build 7 natural gas plants.
  • Iran’s Social Security Investment Company (ŞASTA) signed three deals worth $ 95 million between Turkey and two private companies.

Apart from those, a contract worth 15 million was signed, including, 10 million $ Catamarane passenger ship sale, 70 million $ Saba trade building’s construction by a Turkish company, the construction and repair of the Arvandan shipbuilding facility in Hurremşehir, Iran, by the Turkish company.

Conexio is a consulting firm in Turkey based in Istanbul that can provide you services and support you in your activities in the region both in Iran and Turkey.