Iran needs $50b foreign investment: Chairman

EghtesadOnline: Iran requires attracting 50-billion-dollar foreign investment to achieve economic development and stability, Chairman of Tehran Chamber of Commerce, Industry, Mine and Agriculture said.

News ID: ۷۷۹۲۷۷

18 September 2017

Long-term sanctions imposed on Iran have disconnected Iran from the world in the economic fields and we were not able to take advantage of markets, technologies and foreign investment, Masoud Khansari said.

After the implementation of Iran's nuclear deal also known as Joint Comprehensive Plan of Action (JCPO), Iran regained market access, IRNA quoted him as saying.

Khansari went on to say that over 200 political and trade delegations visited Iran during the past two years most of whom were eager to invest in Iran.

Iran's strategic position, its being neighbor with 7 countries, its population, its connection with regional market, it security and educated youths have pave the way for investment in Iran, he noted.