The head of the Program, Budget and Investment Affairs Commission of the Islamic City Council of Qom said that the participation of the private sector and the active presence of investors play a key role in the development of this metropolis.

Referring to the conditions for the private sector’s investing, Majid Akhavan stated that urban projects worth up to 10 billion tomans in Qom do not need the permission of the Islamic City Council.

He also noted that the tender process in these projects is done under the supervision of the municipality.

The official asserted that Qom, as a Shia hub, cannot be managed with the available resources, adding that the government can not meet the needs and afford expenditures, therefore we need the serious participation of the private sector and the active presence of investors to complete Qom development projects.

Akhavan called this participation and active presence as significant for the members of the Islamic City Council of Qom and urban management, as well.

He went on to say that one of the most important areas of Qom that experiences the participation of the private sector and the presence of some investors is the Boulevard of the Great Prophet (PBUH).

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