Foreign investment in Tehran rises by 127 times

EghtesadOnline: Director General of Economy and Finance Bureau of Tehran Mohammad Aghaie said that the amount of foreign investment in the province rose by 127 times in the first five months of this year (started on March 20, 2016).

News ID: ۷۳۶۱۸۲

24 August 2016

He said foreign investment in Iran totaled $213 million last year, while it reached $27 million only in the said period this year.

He noted that Iran is after attracting $700 million by end of this year, according to ISNA.

According to Aghaie, foreign investment during the abpve-mentioned period included $14 million in auto-manufacturing, $11 million in foodstuff and $1 million in contracting.