About the Company
Iran as a developing country possesses many great potentials for prosperity and economic growth. Meanwhile, the industry of the country, just like a locomotive, has the key role of promoting the economy, especially in oil, gas, energy sections and other related industries.
Regarding the increase of the local expertise and capabilities in implementing the projects in the field of energy, the main key to develop this section is project financing though attracting the wandering liquidity in the society and connecting the current resources to the energy section. Moreover, developing other industrial and economical high-potential areas such as mining, construction and infrastructures were mainly delayed due to the lack of financial resources and require new plans for project financing.
The success of project financing and industrial development depends on a rational approach toward technical and economic aspects of the industrial projects and demands a profound understanding of the current political, social and economic situations of the country. Therefore, only an administrative complex with the combination of different approaches, financial and technical in particular, can attend to this heavy responsibility. In this regard, Tejarat Bank, the Pension Fund of banks’ staff, Asia insurance company and Kayson Company have decided to play an efficient role in financing projects and developing the industrial section of the country though founding a new company; and subsequently the Asian Business and Energy Development Company (Theta Energy) has been found aims to promote the country’s energy section through development management, financing and investing in the related projects.