Minister: Iran’s mineral, industrial exports expected to hit $61 bln next year

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News ID: 8033
Iran » Iran
Publish Date: 19:51 - 01 March 2017
Iranian mineral and industrial exports are expected to reach $61 billion in the next Iranian calendar year (starting on March 21, 2017), said Iranian Mine, Industry and Trade Minister Mohammad-Reza Nemat-Zadeh.
Minister: Iran’s mineral, industrial exports expected to hit $61 bln next year
He further added that the exports would reach $84.5 billion in 2021 and $121 billion in 2026.
 
Earlier in January, Nemat-Zadeh 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," Nemat-Zadeh 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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