Iran to implement 37 plans by $2 bln foreign investment

Young journalists club

News ID: 19839
Iran » Iran
Publish Date: 18:23 - 25 February 2018
TEHRAN, February 25 - The Head of Iran Small Industries and Industrial Parks Organization Sadegh Najafi said 37 projects are going to be implemented in Iranian industrial parks financed by $2 billion foreign investment.

Iran to implement 37 plans by $2 bln foreign investmentTEHRAN,Young Journalists Club (YJC) - He said the organization wants to introduce plans (out of the 37) with high advantages to foreigners and Iranian expatriates.

The industries with considerable advantages would be picked in each province of Iran, he said, adding some of these industries would take part in various exhibitions to introduce their considerable capabilities and potential.

The foreign investment covers IT, cloth, down-stream sectors and copper. Najafi said.

He said Iran gives 100 percent ownership to foreign investors establishing companies in Iran. Iran also allows them to send abroad their production incomes.

 

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