Young Journalists Club | Latest news of Iran and world

News ID: 12741
Iran » Iran
Publish Date: 16:41 - 06 September 2017
TEHRAN, September 6 - Head of Iran’s Foreign Investment Organization Mohammad Khazaei said $18.700 billion foreign investment has been approved by Iranian government over last 4 years.

Over $18 bln foreign investment approved by Iran over last 4 yearsTEHRAN, Young Journalists Club (YJC) - He then said $11.200 billion foreign investment has entered into Iran during the period.

Last January, former Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh voiced his satisfaction over the multi-billion-dollar investment by foreign countries in the mining and industrial sectors.

"The government has attracted over $8.5 billion for the implementation of 170 industrial and mineral projects 80 of which have come on stream," Nematzadeh had said.

The Iranian industry minister pointed to Turkey, European countries and Commonwealth of Independent States (CIS) as major investors in Iran’s industry sector, and said, "Foreign investment had been expedited in the light of the country's economic stabilization."

 

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