29 Mar 2024
Wednesday 6 August 2014 - 14:14
Story Code : 109785

Chinese businessmen keen to invest in Qom

Tehran, Aug 6, IRNA - Investors from Chinas Gansu province have expressed interest in knowing investment opportunities in the industrial parks of Qom and Salafchegan, announced Iran Small Industries and Industrial Parks Organization.
Recently, a delegation from Qom province travelled to Gansu to identify investment opportunities in the Chinese province.
A Chinese delegation, consisting of 90 investors from industrial and agro fields, is expected to visit Iran by August 22.

In 2006, Qom and Gansu provinces signed a sisterhood agreement in the field of trade.

Qoms industrial parks are suitable for Chinese investment, because they are located along the countrys main transportation route.

More than 90 pavilions of the provinces fairgrounds are to be allocated to Iranian and Chinese investors.

The main goal of these negotiations will be to expand the two provinces transactions and transfer technology to the country.

Chinese investors are to invest in establishing machinery production lines.

In May, a senior Chinese official stressed the need for creating an appropriate atmosphere to invest in Iran and boost bilateral economic ties.

Marshall Zhang, the head of the Federation of Investment Promotion Agencies of China, said, Due to false publicity, a number of countries are afraid of investing in Iran.

He added that Iran has natural resources that offer a good opportunity for foreign investors.

Zhang noted that Chinese investors must become familiar with Iran?s economic opportunities, rules and regulations before entering the Iranian market and investing.

Iran?s Ambassador to China Mehdi Safari said the new Iranian administration has opened a new horizon in relations with other countries, noting that Iranian President Hassan Rouhani and his Chinese counterpart Xi Jinping have called for boosting economic ties.

China-Iran relations have witnessed a steady growth and their trade transactions reached $40 billion in 2013.

Financial and technical efficiency of Chinese companies for implementing oil, mining, gas, petrochemical and agricultural projects can help boost bilateral transactions.

By IRNA

 

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