IRGC-AF Mil Mi-17-1 (15-1223) transporting VIPs to the site
Current view of the immense District 22 Parks & Lakes development in Tehran
Current view of the immense District 22 Parks & Lakes development in Tehran
Quite a bit of recreational activity evident at the artificial lake
Recreational parakiting
Recreational diving
Recreational sport rowing
Recreational kayaking
None other than Tehran's Mayor Ghalibaf piloting a Kawasaki Jet Ski Ultra 300 series watercraft
Lakeside, District 22
Well attended gathering, lakeside
Sculpture with oversized park plaque
View capturing the scale of the colossal project, taking shape in spite of sanctions
Stylish lighting and ornamentation at the lawn park
View of the lawn park before the rising residential towers
Lighting decorating the tower tops, at dusk
Evening light effects on the towers and park sculpture
Evening light effects at a park fountain
Photos: Islamic Republic News Agency
17 comments:
Nice, but it should have been 3 or 4 time the size it has been being constructed right now; but I guess the Larijani brothers have grabbed all the land around the lake before that decision could have been made ...
Thanks MARK once more --Iranians are supposed to eat grass thanks to the sanctions!.long live IRAN!, long live the establishment ,long live the revolution!.
now calculate these achievements times ten if the global arrogance removes the restrictions and let the Nation breath freely!.NO WONDER THE STOOGES OF THE PERSIAN GULF are celebrating the sanctions.
Even a single ordinary person can properly think, imagine and witness what can be done if the great nation such as IRAN is ultimately and totally free from all those damn bloody impositions of sanctions, threats and pressures of the world's biggest criminal nations of the U.S. and its lackey allies.
Mark what about these pictures :
http://www.peykeiran.com/Content.aspx?ID=62013
Steel and cement is not an indication of a progressive society, how humanely you treat and even punish (the ones that deserve it) is. Now post more pictures of rail roads, airports, more concrete and shopping centers !!
He was a killer and deserved to die. I think it is wrong to let him live
It is impressive to see Iran continuously undertake civil projects on scales not even seen in some EU countries that are not under sanctions. I have lived in Europe for 25 years and have traveled through many other EU countries, and truth be told, projects of this magnitude is unheard of.
Those published photos show that many happy citizens, older and younger, enjoy and admire that progress of their country.
Those people don't need artificial posters or billboards, with naked or false smiles, to be happy. They know that lasting achievements; in their personal lives or the nation's goals, need a patience and sometimes sacrifices.
By that way, in the coming and a close future, citizens of Iran can expect to witness an Iranian manned flight into the space, as an reward for their sacrifices and steadfastnesses.
A-F
A word of caution to all who believe the current boom in commercial and residential real estate development in Iran is a sign of the ineffectiveness of sanctions against Iran and the sign of a resurgence of the Iranian economy in general. Not that simple! The real estate development boom is not in spite of the sanctions, it’s because of them: The capital in Iran needs to be invested/parked somewhere. Foreign banks/destinations are not accessible because of the sanctions. Depositing in Iranian banks due to high rate of inflation, mostly related to sanctions, is not smart. Industries are practically shut down, again because of the sanctions, and offer no opportunity for new investments. Importers/exporters face particular bought time due to banking sanctions. The safest place remaining to park the cash is the real estate. (The investors should also be wary of creating too much of a bubble.)
The real estate developments in themselves could be very positive for the economy and the investors, and a great number of recent developments have been highlighted on this blog. The word of caution is not to belittle these developments, but a warning not to read too much into them.
Nader's analysis is sound and I have also pointed this out before that since Iran is largely cut-off from the global economy and investment pipeline, most of the local money (both legitimate and corrupt) has gone into the Tehran stockmarket (which is also a bubble) as well as the housing and property/construction sector. OECD and most economic think tanks have compared the Chinese and Iranian property markets to bubbles as there is an inflationary economy and few domestic investment options hence the rush to buy bricks and mortars. The US and Spanish property bubbles had a similar trajectory and now Australian and Canadian inflated housing markets are headed for a fall. An overly inflated asset based economy is always headed for a fall. Largely due to sanctions there is a substantial slow-down in Iranian manufacturing sector.
Sanctions help to stoke Iran property boom but bubble feared
The current Iranian property boom is due indirectly to sanctions imposed by the United States and its allies against the Islamic Republic over its nuclear activities.
While the sanctions threaten to bring the Iranian economy to its knees, million dollar apartments fitted out with the best imported equipment have become ever more common in Tehran.
Embargoes imposed on the oil and banking sectors since late 2011 have sent the Iranian rial currency crashing, pushing up import prices and contributing to spiralling overall inflation.
Wealthy Iranians, often unable to move money abroad due to the banking sanctions, have tried to protect their savings by turning to property at home, further stoking the market.
Developers have reaped the rewards but some now believe a bubble is forming and fear the consequences should it burst. For poorer Iranians, the boom is creating more immediate problems as it stretches their ability to provide for their families.
"Until around two years ago, the market rose steadily. Then it started going crazy," the developer said on a visit to Dubai.
DEMAND VS COSTS
Iranian manufacturing is grinding to a near halt and unemployment is rising. In April the International Monetary Fund forecast the economy would shrink 1.3 percent this year. This has left investors with few opportunities beyond construction, and estate agents say it is a seller's market.
http://thestar.com.my/news/story.asp?file=/2013/5/8/worldupdates/sanctions-help-to-stoke-iran-property-boom-but-bubble-feared&sec=Worldupdates
thank you for the link.......
" DECIMATED ECONOMY
Iran's property phenomenon reflects just how badly the economy is suffering from "stagflation" - zero growth alongside high inflation and increasing unemployment.
According to official figures, inflation is running at more than 30 percent but some analysts estimate the real rate could be double or even triple that."
interested to know the contemporary building regulations. As an earthquake prone region i know it has become an issue in many countries. Is there a sence these regulations are being adhered to. With two recent large (7 and over on richter scale) quakes, one close to the Bushehr nuke plant, i have heard the plant sustained the quake well. Is there any data regarding modern residential projects. Seems to me the results could be an indicator of corruption or otherwise?
You are welcome. It is good to for us to discuss the real situation and as you objectively estimated that real inflation is running high, my own estimates based on a recent trip and observance of shops and goods, it is at around 80% as estimated by other economists as well. Iran's oil exports have fallen to around 1 million barrels and barely any foreign investment is coming in and oil is either heavily discounted or bartered with Asians. If there are no positive steps taken after the June "election" things will look bleak as unemployment will push 25%, especially in idle manufacturing. Iran is being squeezed and the mullahs either need to go nuclear or dismantle the program. At this stage the "west" will not even lift the sanctions if Iran completely capitulates. I believe it suits the west to have the mullah bogeymen in power as it promotes a schism in the Persian Gulf area on sectarian lines. Imagine what will happen to US/Zionist goals if a truly democratic, nationalistic and independent government came to power in a large resource rich country like Iran?
Anonymous May 8, 2013 at 2:52 PM
One could say exactly the same thing about your good friend the united states
To the best of my knowledge as an Engineer, I believe the design, quality and materials of buildings is world-class. Bushere nuclear facility meets or exceeds international design rules for nuclear plants. The Russians incorporated a lot of lessons learnt in the 80's after the Chernobyl accident. Iran is a on the active Eurasian tectonic plate and both Iranian and Russian engineers and architects paid a lot of attention to the seismic issue.
Iranian Manufacturers and suppliers are required to have ISO 9000 and ISO 14001 Environmental Management certification in order to export to Iran. These practices are widely applied to the Iranian domestic manufacturing as well. European Union standards are also now strictly followed in Iranian construction sector and firms are required to adhere to ISO standards and environmental regulations that meet EU and North American standards. It is now mandatory to have quality certification in all construction, electronics and metal fabrication as well.
Iran is not a very corrupt country even according to TRANSPARENCY INTERNATIONAL. On a professional level, Iranians are not corrupt to the level of let's say China, India, Arab world or even some EU nations. I think in scientific or engineering is also a matter of professional pride.
Without sounding immodest or overly nationalistic, the quality of Iranian engineers, architects and scientists is very good and they can compete in the global top echelons.
Not only can't I imagine " what will happen to US/Zionist goals if a truly democratic, nationalistic and independent government came to power...", but I would love to find out what would.
I agree with you completely. You just assumed wrongly that "the USA is my good friend" because of my critic about the barbaric act of public executions in Iran without knowing that I actually feel the same way about the way the USA is treating the prisoners in Guantanamo bay.
Good luck to you.
thank you!
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