The activity of 1000 shared cars will start in Tehran/Construction of two big projects in phase 2 of Milad Tower
Fars News Agency, Shahri Group: In the middle of July this year, the international investment opportunities conference was held with the presence of a large number of domestic and foreign investment companies. This event was the beginning of negotiations and interaction with investors in the field of urban management in order to increase services to citizens in addition to accelerating the initiation and implementation of various urban projects.
Alireza Zakani, the mayor of Tehran, said about the holding of the international conference on investment opportunities: “The issue of investment is very serious and Tehran has many fields that can turn the investor as an investor into a productive complex and the investor will get his own profit.” bring and people will benefit and the city will progress.
He said: Functions and conditions for domestic and foreign investors to do their work with confidence have been provided, and this is a prelude to our great works.
Now, more than two months have passed since this conference was held in the capital, and it seems that the transformation in investing in urban projects has accelerated. For the same reason, about various issues in the field of investment and public participation in Tehran Mehdi Sharifian, CEO of Tehran Municipality’s Investment and People’s Partnerships Organization We had a conversation, the details of which are as follows.
Identification of 48 undecided urban collaborative projects
What approach is considered to attract investors in urban management? How many undecided urban projects in the form of collaborative projects are left unfinished in Tehran and what plans do you have for their implementation?
In the current urban management, the recognition and issue of investment and carrying out activities in this direction are considered in two parts. One part is the investment opportunities that have already been implemented and remain undecided and unfinished, and the second part is the new investment opportunities that have been noticed and we have plans in this direction.
Many investment opportunities and capacities in the form of collaborative projects remained undecided during the past years, and 48 of these investment opportunities have been identified in the form of collaborative projects and we are going to complete them.
From the activation of the large commercial-residential project of the Persian Gulf to the construction of a hotel in the city center
One of these cases is the large commercial-residential project of the Persian Gulf, the contract of which was concluded 10 years ago, but despite this issue, it has not yet been put into operation, therefore, the path of resolving and revitalizing old projects in the organization has been an approach that has been considered, and the necessary investigations in This has been done so that if there are any disputes with the investor partner, they can be resolved and if it cannot be resolved, a judicial procedure will be carried out in order to prevent the delay of the exploitation time. A team has been formed by providing a technical solution to the legal investigation of this issue, as well as supporting partners, etc., so that we can fulfill the rights of the city and citizens and the projects can be used for the benefit of the people.
Another example of these projects was the project of building a hotel in the center of Tehran, which unfortunately has been stopped for years, and the obstacles to the construction of a collaborative project have been removed and, God willing, it will soon reach the operational cycle.
In these undecided projects, the investor partner left the investment circuit or the field was in the hands of a non-partner, so we took the necessary measures and considered the follow-ups in order to return the public right.
What are the details of removing occupation of the 10,000-meter commercial and residential area?
Fortunately, we activated the Persian Gulf project, which was planned for commercial and residential purposes in 1991, and its construction will begin, God willing. This project is located in a space of 10,000 square meters on Shahid Rajaee Street, south of District 20, which was seized by receiving an order from the judicial authorities and along with the police forces.
Before this, the project had progressed to the phase of building the commercial skeleton, but the business partner announced that he did not have the financial ability of the project and now the project has been stopped. Therefore, due to the legal knots, this issue was not completed, fortunately, now with the support of the judicial institution, an order to remove the possession of the project was issued, and at the beginning of this week, the project was taken out of the possession of the occupiers and placed at the disposal of the Tehran Municipality to start work again. God willing, in this area of 10 thousand square meters, high-rise construction will be done in the form of a housing project, of course, this matter will be done after receiving the approval from the Article 5 Commission.
It goes without saying that the warnings of the regulatory agencies, especially the General Inspection Organization of the country, regarding this project in dealing with violators and preventing the creation of a platform for violations, and this organization seeks to protect the property of Tehran Municipality, therefore, with the support of the regulatory agencies while supporting the investors in No effort will be spared to deal with violations.
The value of the Persian Gulf commercial and residential project/return of 7 thousand billion Tomans of credit to the municipality in recent months
What is the estimated property value of this project?
The value of the Persian Gulf commercial and residential project is estimated to be around 8 thousand billion Rials, and with the removal of its seizure and return to the property cycle of Tehran Municipality, good things will happen in the city. did In the last six months, similar cases like this have been taken into consideration in the Investment and People’s Partnership Organization, and more than 7 thousand billion Tomans of credit from these half-finished projects, which are related to the municipality’s contribution, have returned to this group. We will continue this path and bring the current projects to fruition with partners who want to cooperate.
What are your plans for new investment opportunities in Tehran?
The second part of the activities, as I said, is related to new investment opportunities in Tehran. We had a very important event in Tir in the form of holding a big conference on investment opportunities, the level of the conference was fortunately very high and many investors from the urban area participated in this conference. The Minister of Economy was one of the special speakers of this conference, and in general, the enthusiasm of the country’s institutions and the private sector for investment and cooperation in the municipality in the form of joint works was good.
The functional and communication change between the municipality and the investors has caused an increase in the announcement of cooperation for investment partnership with the Tehran Municipality, which change of approach was very significant especially since the conference was held, and the reception for the announcement of cooperation became stronger. Also, on the day of the international investment conference, cooperation agreements were signed with domestic and foreign companies and the Chamber of Commerce, and we are trying to shorten the contract signing process. Based on this, we have considered a pre-contract, or in other words, a preliminary memorandum, and after the interest of the investors is counted, the document review process will take place and the main contract will be concluded. For example, regarding Milad Tower lands and the issue of public transportation, investors approached and initial memorandums were concluded.
231 new investment opportunities in Tehran
We announced 231 investment opportunities based on specialized panels at the investment opportunities conference, and 40 projects were given first priority and the work is being done at a fast pace. It goes without saying that we are making a public call for these investment opportunities, so that if the investment was not in progress before, the opportunity to participate in the call will be provided again and finally we will reach the best proposals in the field of partnership.
The time of the call for participation in the implementation of projects/construction of the Festival Palace and the World Trade Center in the 2nd phase of Milad Tower
When is the call for participation in the implementation of projects? What contributions are going to be made for Milad Tower phase 2?
In the next month, God willing, the call for participation in the implementation of projects will be made, and several foreign companies have announced their readiness to invest. For Milad Tower phase 2, according to the plan approved in Article 5, uses have been determined, which are specially considered for two parts in the form of the implementation of the Festival Palace and the World Trade Center. We are negotiating with 2 foreign and Iranian investment companies in this field, and since both projects require more than 35 thousand billion Tomans in volume and financial credit, we will partner with companies that have better financial and technical capabilities.
We do not have a monopoly on investment projects
Of course, we provide public information in the form of a call so that, in addition to clarification, the best offer is considered. It also goes without saying that we do not have a monopoly on investment projects so that every investor with any ability can participate in various projects.
Extensive showcase of Tehran Municipality for investment
Tehran Municipality has considered a wide showcase for the issue of investment and people’s participation and I emphasize that any investor in any of the urban areas who declares readiness can cooperate with Tehran Municipality and we do not have an exclusive space in any way and the space for investment is completely transparent contracts in the form of It will be a win-win.
Uploading new contracts in the transparency system
Are investment contracts and people’s contributions uploaded in the transparency system?
look! This issue will be fully implemented in the new investments sector, but if we want to include old projects that have 10-year documents in the transparency system, they cannot be comprehensively uploaded and it is not comprehensive, but new projects, contracts are included in the transparency system, and in addition, first Calls will also be announced.
How has the structure been reformed in the Tehran Municipality Investment and People’s Partnerships Organization?
Reforming the procedure and process has been taken into consideration in this organization, and I think that reforming the process is more important than reforming the structure. We have analyzed the old projects, why some have not reached the output, so the indicators have been designed to be a criterion for future contracts. For example, if we want to have a partnership with a partner in an area, if there is ambiguity in the ownership, damages will be caused to the municipality, so we consider the partnership contract when the licenses and ownership are completely clear, in other words, the ownership and necessary licenses have been obtained. In this way, we assure our investment partners that the contract is transparent. On the other hand, if a permit is needed in the project, we have put it before the contract. In other words, first the permit is issued, then the contract will be concluded so that neither the municipality nor its financial partner suffer legal and financial losses.
. Also, this action will be an obstacle to prevent the project from stopping, so the ownership and legal licenses will be registered first, and then we will reach the point of joint activity with investment companies.
Increasing the interest of the private sector to invest and participate in urban projects
What has been the acceptance of investment companies’ participation with Tehran Municipality?
In recent years, the amount of new partnership contracts had decreased so much that it did not even reach one or two cases, but in the past two months, the amount of contracts has increased and the interest in investing with the municipality has increased, which shows that the trends are progressing well. The result of this interest and announcement of preparations to cooperate with Tehran Municipality in the field of investment will take effect in the second six months of this year and this huge difference will be clear.
3 times increase in municipal income
How was the income of Tehran municipality in the field of investment and public participation during this year?
Our revenue share based on what was assigned was 2 thousand billion tomans in 1401, but the resources have been released and what is available to the financial and economic deputy of Tehran Municipality is 6 thousand billion tomans; It means that the municipality has generated three times more revenue than what we had to do.
The release of the first package of commercial properties in the commodity exchange next week
Also, the sale of real estate in the commodity exchange has started, which was a new measure, and the first package of commercial real estate will be released next week, and God willing, it will turn into cash resources sooner. Therefore, with this process, the amount of income will even reach more than 10 thousand billion tomans by the end of the year, which will definitely help the development system of the municipality. It goes without saying that in the whole year 1400, only 850 billion Tomans were earned and this year this trend has been very high. The projects that were introduced this year at the conference of investment opportunities will take about one to one and a half years until they turn into income and financial resources, and God willing, good incomes will be obtained for Tehran Municipality in this regard.
With the new approach of the investment organization, will the projects produce per capita services for the citizens?
Yes; The new approach of the Organization of Investment and People’s Partnerships is to move collaborative projects to produce per capita, for example, instead of building a residential project and then selling it and giving the money to a contractor to set up and manage an amusement park. We will directly define the arena that the investor will set up an amusement park; Manage it and in this way witness the acceleration of welfare and per capita increase for the citizens.
Finally, the large recreational project of Azadegan Park
Where did the large recreational project of Azadegan Park end up?
This park is a collection of water space and promenade, the call for which will be announced in the next month. Of course, initial understandings have been concluded with several partners and investors, and finally this project will be determined by the next two months, so that, God willing, the large Azadegan Water Park project will be put into operation by the end of the year.
Launching shared electric cars in Tehran
In the conference on investment opportunities, the topic of public transportation was considered, what is the story of launching shared electric cars?
Yes, after the conference on investment opportunities, for the first time, a memorandum of understanding was signed with a private sector investor to witness the launch of domestically produced shared electric vehicles. In the first part of this project, 1000 shared electric cars are planned for use in the central area of the city, where citizens can use these electric cars with a capacity of 2 passengers, similar to shared bicycles in the capital. The licensing process for these cars is being followed up by the Ministry of Security and we are doing the necessary cooperation with the private sector investors so that these cars can be used by the citizens as soon as possible.
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