Iran Attracts over $10.6 bln Foreign Capital in Current Administration’s Term: Deputy Minister

The head of Organization of Investment, Economic and Technical Assistant of Iran (OIETAI) said over $10 billion worth of foreign capital has been attracted so far during the administration of President Ebrahim Raisi, who took office in August 2021.

News ID: ۸۲۳۵۱۸

06 February 2024

Deputy Minister of Economic Affairs and Finance Ali Fekri put the foreign capital attracted in the country in the current administration at $10.608 billion.

Speaking in an unveiling ceremony of the atlas of investment on Tuesday, he said that developing relations with the like-minded and neighboring countries is the macro strategy of the current administration.

He further pointed out that Russia, China, the United Arab Emirates (UAE), Iranians residing abroad, Turkey, Iraq and India were in the first to seventh ranks respectively in terms of investment in Iran, Mehr news agency reported.

In this period, the Russian Federation invested the most capital in the country within the framework of the Foreign Direct Investment (FDI), Fekri added. / Tasnim