Iran's Minister of Defense Says Armed Forces to Hand Over Enterprises to Private Sector

January 20, 2018

Publication: 

Tehran Online

The General Headquarters of the Armed Forces is pursuing the handover of "economic enterprises" overseen by the Army and the Islamic Revolutionary Guard Corps (IRGC) to the private sector. The move comes after President Hassan Rouhani’s call to expand the role of the private sector in Iran's economy, including through the transfer of government-held properties and enterprises.