Iran eyes Africa with construction material exports

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Iran eyes Africa with construction material exports

Iran’s Trade Promotion Organization office(TPO) says that $2 million worth of construction materials was exported to African countries in the year ended March 20, 2020, a top official has said.

TPO director-general Farzad Piltan said that exported construction material included: wires and cables, tiles and ceramics, stones, sockets, porcelains and chinawares, sanitary valves and faucets, showers, doors, windows, pipes and profiles.

“The building materials was exported to Somalia, South Africa, Tanzania, Kenya, Ghana, Ivory Coast and Nigeria) last year,” said Piltan.

But he also cited transportation problem and trade risks as some of then impediments to full fledge exportation to Africa countries.

“Lack of interest and proper planning by the country’s private sector to export products to African countries, export, economic and trade risks, transportation problems (including distance and high costs and lack of regular and direct transportation lines) are some of the challenges that exporters are facing,” he added Piltan.

Another challenge was lack of knowledge of African traders about high export capabilities of the Islamic Republic of Iran, high marketing costs such as participating in exhibitions and establishing an office.

“While focusing on promoting exports to neighboring countries, TPOI has not ignored to expand its trade ties with African states,” he said.

“Based on the program defined, Trade Promotion Organization of Iran has made its utmost effort to remove the aforementioned export barriers in line with exporting products to African markets,” he concluded.

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