Direct foreign investment in Iran exceeds $3.3bln

TEHRAN (FNA)- Iranian Deputy Economy Minister Behrouz Alishiri announced that the value of direct foreign investment in Iran has witnessed a remarkable growth in the last Iranian year (ended March 20, 2014) by attracting over $3 billion during the same period.

“A sum of USD 3.317 billion of direct foreign investment has been made in Iran last year,” Alishiri told FNA on Monday.

The Iranian deputy foreign minister reiterated that the value of foreign investment in Iran has considerably increased in the last several months.

In May, an Iranian Parliamentarian underlined eye-catching capacities and potentials of the country’s economy, and called for the establishment of several consortia with international companies to pave the ground for attracting more foreign investment.

“In order to broaden foreign investment in the country, we can establish consortiums with many countries and each country would have its share of profits,” Member of the Iranian Parliament’s Economic Commission Nasser Ashouri Qale Roudkhani said.

He added that attraction of investment could raise Iran’s oil revenues from $100  to $800 per barrel.

“Engaging foreigners in the development of oil fields will bring new technologies into the country,” the lawmaker underlined.

In April, Iranian Government Spokesman Mohammad Baqer Nobakht underlined that President Rouhani administration’s good interaction with the world states and the country’ eye-catching economic opportunities have persuaded international firms and investors to take serious action to boost their partnership in Iran’s lucrative market.

Nobakht underlined that many western companies are willing to invest in Iran’s projects and expand trade relations with Tehran.

By Fars News Agency


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