Iran approves attraction of $10 billion of foreign investment

EghtesadOnline: Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture announced that attraction of $10 billion of foreign investment to the country has been approved.

News ID: ۷۷۴۵۲۴

11 March 2017

“Attracting over $10 billion of foreign investment by February 20 had been approved,” Massoud Khansari said.

He said that as a result of visits by the economic and trade delegations, contracts in the fields of pharmaceuticals, auto spare parts, polymers and chemical substances were finalized, according to IRNA.

Khansari pointed to his assessment about the country’s economic status, and said, “This year’s economic conditions have relatively improved as compared to previous year although it has not tangibly shown itself in the society.”