Iran Marine Fund (IMF) is a state-owned enterprise of the Ministry of Industry, Mine and Trade of The Islamic Republic of Iran[2] that works to convert the country's marine capacities into sustainable national interests.
The fund was established to enable sustainable development in Iran's marine industry.
It acts as an interface between the government and the private sector, while also providing developmental and strategic support.
The Fund undertakes: Facilitate the achievement of sustainable marine development through providing credit, technical and software assistance, investment and developmental research.
The government was permitted to establish the Marine Industries Development Fund (hereinafter referred to as "Fund") with initial capital of four hundred billion rials (Rls.400,000,000,000), in order to study, define, regulate and enforce support of the Marine Industries (manufacturing, production, repair and maintenance of various types of surface, surface effect and submersible vessels and offshore industry), and solve the problems and deterrents factors in compliance with environmental considerations, as stated in the statute.