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News ID: 8696
Iran » Iran
Publish Date: 17:16 - 05 April 2017
TEHRAN, April 5, YJC - Iran is going to open account for foreign investors, said Director of Iranian Securities and Exchange Organization Shapour Mohammadi.
Iran to open account for foreign investors
TEHRAN, Young Journalists Club (YJC) - He added that the issue of account for custodians is being pursued in the new year (started on March 21, 2017).
The Exchange, Bank & Insurance (FINEX) exhibition is focusing on foreign investors. Certain booths have been selected for foreign companies presence to pave the way for their interactions with Iranian activists.
Earlier on January 4, 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 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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