Iran has initiated the construction of its third bio-refinery at the Iran Shipbuilding and Offshore Industries Complex (ISOICO) in the presence of the Minister of Industry, Mines and Trade, Abbas Aliabadi.

A memorandum of understanding has been signed between four Iranian parties for the development of technical know-how and construction of offshore jack-up drilling platforms in Iran.

The Industrial Development and Renovation Organization of Iran (IDRO) has signed a significant agreement with the National Iranian Oil Company (NIOC) for the rejuvenation, operation, and transfer of the Siri gas and Natural Gas Liquids (NGL) resources, marking a major advancement in the nation's energy landscape.

The CEO of Iran’s Industrial Development and Renovation Organization (IDRO) has expressed readiness to collaborate with African countries to establish or complete chains of mining, oil and gas, and processing industries in the black continent.

Iran’s Industrial Development and Renovation Organization has published a book on investment opportunities to attract private sector investment in various projects.

The president of the Iranian Industrial Development and Renovation Organization (IDRO) has sat down for talks with the head of the Russian Export Center on facilitating industrial cooperation between the two countries, proposing a parallel barter system to remove barriers to the trade of industrial goods.

Officials from Iran and Sultanate of Oman explored avenues for the development of relations in the fields of industry and investment.

Deputy Minister of Industry, Mine and Trade and CEO of Industrial Development and Renovation Organization of Iran (IDRO) Mr. Ali Nabavi during the 27th ceremony on honoring national day of industry and mine of Isfahan Province emphasized more effective role of private sector formations in the national economy.

Deputy Head of Industrial Development and Renovation Organization (IDRO) says according to the early assessments, some 1620 industrial units in the country need reconstruction and renovation.

Deputy Minister of Industry, Mine and Trade and Head of Industrial Development and Renovation Organization of Iran (IDRO) says the organization in its regional balance project intends to direct new industrial investment towards over 260 towns where they have faced the lowest investment.