IDRO: 300 Million Toman Scrappage Subsidy and 1.1 Billion Toman in Bank Loans to Replace Worn-Out Pickups

Farshad Moghimi, head of the Iran Industrial Development and Renovation Organization (IDRO), told Mehr News Agency on 11 November 2026 (20 Aban 1405) that a memorandum has been signed to convert worn-out freight vehicles. He said more than 2.5 million pickups are on Iran's roads and about 30% of them are worn out; they serve urban freight, goods distribution and the movement of farm produce, and replacing them with new pickups, especially dual-fuel ones, could cut fuel consumption.

The support package consists of a 300 million toman scrappage subsidy and 1.1 billion tomans in bank loans, and with the scrap value of the old vehicle (at least 60 million tomans) a considerable part of the replacement cost is covered. Applicants can make an initial registration on the Transport Fleet Renewal Headquarters system (nnhk.ir); the remaining registration and purchase steps begin once Zamyad publishes its official call.