Abdolreza Abed, the commander of Khatam al-Anbiya Construction Headquarters, stated: "Based on the decisions made, the headquarters will not enter projects under 500 billion tomans to allow space for private contractors to operate." He added: "This decision is voluntary, and the government has no restrictions on the headquarters entering projects." He continued: "In the field of water and electricity industry, we also have dams and power plants under construction to help the government solve the energy shortage problem."
Commander of Khatam al-Anbiya Construction Headquarters: We Will Not Enter Projects Under 500 Billion Tomans
Abdolreza Abed announced that Khatam al-Anbiya will not engage in projects valued below 500 billion tomans to promote private sector involvement. This decision is voluntary and aims to assist the government in addressing energy shortages through ongoing infrastructure projects.
👥 Key Players
📰 What Happened
Abdolreza Abed announced that Khatam al-Anbiya will refrain from taking on projects valued below 500 billion tomans to encourage private sector participation. This decision is voluntary and aims to support the government's efforts to address energy shortages.
- Khatam al-Anbiya will not engage in smaller projects to allow private contractors to operate.
- The organization is involved in ongoing infrastructure projects related to water and electricity.
💡 Why It Matters
📚 Background
Khatam al-Anbiya is a key entity in Iran's construction sector, often linked to the IRGC, and the country faces significant energy shortages that require urgent infrastructure development.
🏷️ Entities Mentioned
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%