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The strategic policies regarding the article 44 of
the constitution of the Islamic Republic of Iran
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Main objectives:
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- 80% of shares and stocks of major public companies and enterprises
will be sold to the private and cooperative sectors;
- The role of the government will change from ownership and direct
management to the macro policy maker and monitoring;
- The government should contribute to the enhancement of private and
cooperative sectors in the economy and will support and create a
conducive environment for their competition at the international
markets;
- Preparing the domestic enterprises to be able to conduct their
activities in accordance with the prudential rules and regulations of
international trading system in a targeted and a sequential process;
- Developing human resources and capacities as well as necessary
knowledge for best implementation and follow-up of these policies;
- Development and promotion of national standards and making the
quality assessment systems compatible with the international standards
in all necessary areas and fields;
- The promotion of privatization with the objective of promotion of
efficiency, competitiveness and expansion of private ownership;
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Ways and Means of Implementation:
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- Stocks and shares will be sold through the stock exchange market
based on the market prices;
- Dissemination of information for encouraging private and cooperative
sectors and people for engagement in the process and preventing
monopolies and hindering abuse of insider information in the
implementation of these policies;
- Transferring the stocks of these companies and enterprises should be
done with comprehensive and careful consideration, including through
ensuring their continuing function;
- Utilizing the well skilled and experienced human resource s and
capacities to reform and strengthen management of and increase
efficiency in these companies and enterprises;
- Part of the resources should be utilized for improving the
monitoring and policy making through new technologies and modalities;
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The sectors that are subject to these policies:
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- All governmental companies and enterprises in the field of mining,
all major and big industries in all sectors, including the down stream
sectors in the oil and gas sectors (refineries and petrochemical
plants and complexes, as well as the distribution of refined products
and gas at the domestic level), with the exception of the National
Iranian Oil Company and those companies involved in the up-stream
activities in oil and gas sectors
- Some of the major banks like Tejarat, Melat, Saderat, Refah-e
Kargaran,… All insurance companies except Central Insurance Company
and Iran Insurance Company;
- All air lines and shipping companies and port's management;
- All power plants, electricity producing and distribution companies
except the main national electricity grids and transmission lines;
- Almost all activities in the area of Post and Telecommunication
except major national grids and some of the monitoring area and
fields;
- All the industries affiliated to the National Army except the
defense and security products;
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The special provisions:
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- Almost 50% of these stocks will be allocated for the poverty
eradication and will be distributed to the poor segments of the
society, partially through the provincial investment companies, which
should work and function based on the market forces and in the stock
exchange markets;
- In the implementation of the above-mentioned policies, there will be
50% deduction on the prices of stocks and shares for the poor segments
of the society;
- Identification of the beneficiaries from these schemes should be
based on the purely scientific and based on a transparent and reliable
information.
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