The Minister of Roads and Urbanization, Abbas Akhundi has proposed a restructuring in the insurance system in order to increase road safety. In Iran, contrary to many countries, insurance history is attached to vehicles rather than drivers. Thus, a safe driver would be forced to pay a higher insurance premium if they purchase a vehicle with a history of accidents. Mr. Akhundi emphasized that 600 million tons of cargo are transported across the country which provide employment for 600 thousand people. Ghanoon writes, when the number of vehicles on the road was limited, mechanical control was possible. However, 30 million vehicles are operated over 200 thousand kilometers of motorway and therefore, the road network should be made smart so the details of drivers and passengers are available at all times.
One of the ever-lasting topics in the Iranian automotive industry, is the huge debts of automakers towards auto-part manufacturers. Since these debts have been accumulated for a long time, auto-part makers claim an interest on […]
Pension Fund of Iran forecasts an increase of 120 million rials increase in annual salary of pensioners for the next Iranian year, 1398. To reach this point, the Fund has asked the government to submit […]
Ghanoon writes of the need to increase the shares of the fishing industry in the economy. The fishing industry was nationalized in 1953 by Dr. Mossadegh. In the past five years shrimp farming has increased […]