Iran Freight Transport and Shipping Report Q4 2017
With foreign investment set to continue flowing in to the country, the outlook is relatively brightfor both Iranian trade and freight; however, persistent US sanctions and structural impediments willnevertheless prevent a boom in the economy. The re-election of pragmatist President Hassan Rouhani to asecond term should lead to greater foreign investment in Iran over the quarters ahead. With the backing ofFrance, Germany, China and Russia, support for the Rouhani administration will encourage non-USinvestors and companies to engage with the Iranian market, particularly sectors such as energy, autos,aerospace and infrastructure.
Key Updates And Forecasts
We expect an uptick in foreign investment into Iran on the back of President Hassan Rouhani's May 2017election win. That said, persistent US primary sanctions and structural challenges will a boom.Meanwhile, hydrocarbon export growth is set to decelerate as production nears capacity. Under thesecircumstances, unemployment will remain high, weighing on private consumption growth. Overall, weforecast real economic growth to come in at 4.7% in 2017.
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