Privatization Organization’s general invitation on TCI block shares sale

The invitation is on the basis of the new privatization law which allows only the sale of TCI block shares to those whose financial and technical capabilities have been certified.
TCI block shares consist of 22,936,827,827 shares with 3,400 rials base price. Only those companies that have been approved by the Privatization Organization can take part in the tender. The deadline for application submission is Sep 2.
Applicants may be a consortium of Iranian companies or that of joint partnership between Iranian companies as major participants and foreign companies.
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