Poland sets observation point at Iran’s mining machinery market

TEHRAN, Nov. 04 (MNA) – Polish Investment and Trade Agency, Foreign Trade Office in Tehran hosts the Industry Promotion Program for Machinery and Technology, run by the Ministry of Entrepreneurship and Technology of Poland, promoting Polish manufacturers in mining and industry sector.

The Program is dedicated to support Polish companies at different sectors and markets from all over the World. Since its launch in 2017, the Industry Promotion Program for Machinery and Technology reach countries like: Russia, Kazakhstan, aiming also for markets like China, Vietnam, India, Turkey, Germany and Italy until 2022.

Iran has also been taken into this account. Officials of the delegation said “the cooperation with Iran still creates potential value and opportunity for Polish companies to enter the region through the Industry Promotion Program for Machinery and Technology”.

Jaroslaw Kaczynski, Tehran Bureau Chief of Polish Investment and Trade Agency said: “Some of 25% of the machineries manufactured in Poland are mining equipment. In theory, majorly suits Iranian market due to its considerable capacity and the characteristics of Iranian mines. Therefore, Iran still could create the potential to be among partners for Polish manufacturers”.

Several Polish brands until 2018 have already been present in the Iranian market, operating in selected coal mines. According to the member of the delegation: “For almost 13 years, our machineries have been active in Iran. Several major Polish manufacturers are showcasing their products in the 14th International Exhibition for Mines, Construction Machinery and Related Industry and Equipment (Iran ConMin 2018), which is being held at Tehran Permanent International Fairgrounds. Foreign Trade Office of Polish Investment and Trade Agency in Tehran supports Polish companies and manufacturers in their individual and independent decision for expansion to Iranian market, by providing them with information and analysis on different sectors of the economy, helping to minimize and lower risks for individual companies.

“Additionally, since March 2017, Polish Investment and Trade Agency, Foreign Trade Office in Tehran has granted informational assistance and support to around 150 Iranian companies, providing them with multiple services like market analysis reports, exhibition fairs, B2B meetings etc. On top of that, the Agency served more than 450 Polish firms in Iran," Kaczynski added.

Pointing to the eye-catching 187.5% growth between Poland and Iran economic trades since 2015, which marks the landmark 2015 nuclear deal between Iran and major world powers, Kaczynski said the trade volume between  two states since 2015 reached $230 million annually in 2017.

Jaroslaw Kaczynski added that the volume observed a 20% growth during the first half of 2018, in comparison with the corresponding period of last year. According to the official, the goods traded between the two countries mainly included agricultural machineries, medical instruments, glass items, home appliances and food products.

Delegation mentioned that Iran has always been situated in a strategic geographical position, which makes him tempting place to be used as a corridor to reach other regional markets.

Some 80 domestic exhibitors along with 35 foreign participants from 35 different countries have attended the event. Various types of mining equipment and machinery including underground and open-pit mines’ equipment, excavation and road-construction machinery, tunneling boring machines (TBM) equipment, mineral processing machinery, equipment for cutting and processing decorated and precious stones, mine ventilation systems, software and data mining systems, and modern technologies in the mineral and industrial sector are put on display in the four-day exhibition, which will wrap on Monday.

MNA/MR

News Code 139300

Tags

Your Comment

You are replying to: .
  • 2 + 1 =