Project Introduction
1 Project Code : 3247
Project Title : Technical-service, recreational and trade complex of Charoymagh-Ghareh-Aqaj municipality
Sector : Construction     Sub Sector : Building and housing
3 Products/Services: Trade & Tourism service
east azarbayjan
5 Project description :
This project aims to establish a tourism, recreational, office and trade complex in Charoymagh-Ghareh-Aqaj municipality region. It will be constructed in a land with an area of 8900 m2. Collecting related jobs into a complex, facilitating access to related technical services, establishing a recreational and sport center (especially pool) in this under-developed sub-province are some goals and advantages of this project. Additionally this project enjoys provincial authorities support.
6 Annual capacity: 60 unit
Project Status
7 Local / internal raw: 100 %
8 Anticipated sell in foreign markets: 0
9 Construction Period : 2 YEAR
Feasibility study available?
Required land provided?
Legal permissions (establishment license, foreign currency quota, environment, etc) taken?
Partnership agreement concluded with local/foreign investor?
Financing agreement concluded?
Agreement with local / foreign contractor(s) concluded?
Infrastructural utilities (electricity, water supply, telecommunication, fuel, road, etc) procured?
List of Know How
Purchase agreement for machinery, equipments and know
Financial Structure
Description Local Currency Required Foreign Currency Required ( Million Euro) Total Million Euro
Million Rials Exchange Rates Equivalent (Million Euro)
Fix Capital  11000  32044 0.343  0 0.343
Working Capital  0  32044 0  0 0
Total Investment  11000  32044 0.343 0 0.343
Value of foreign equipment/machinery 0  million euro
Value of local equipment/machinery 0  million euro
Value of foreign technical know how 0  million euro
Value of local technical know how 0 million euro
Net Present Value (NPV) 0.63  million euro for 10 Year
Internal Rate of Return (IRR) 41  %
Pay backPeriod (PP) 1.8  Year(s)
General Information
Mode of Financing /Investment:
Project Type : 
Company Profile
Owner User javadexpert
Name (legal /natural persons) : East Azarbaijan
Company Name: East Azarbaijan Investment Services Center
Address : Theghat - Al - Islam House, Between Ghary Bridge and Saheb -Al - Amr Underpass, Tabriz, Iran
Tel: +98-411-5262-237
Fax: +98-411-5265-053
Web site:
Local entrepreneur :
Pre feasibility study:

Ministry of Economic Affairs and Finance
Organization for Investment Economic and Technical Assistance of Iran (OIETAI)
Foreign Investment Center
Tel : 33967749-33967766-33967762-39902485-39902488-39902486
Fax : 33967774
Website :
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