28 Mar 2024
Sunday 30 November 2014 - 16:59
Story Code : 133551

Over 70 foreigners invest in Iran's capital market in 8 months

Over 70 foreigners invest in Iran
TEHRAN (FNA)- More than 70 foreigner parties have invested in Iran's capital market in the past eight months, Bonds and Liquidation Central Depositing Company announced on Sunday.
"For the first time in the history of the Iranian capital market, a sum of 72 foreign investors have entered this market since March 21, 2014," the company said.

It noted that the investors from Britain, Russia, Germany, Switzerland, India, Turkey, Lebanon, South Africa, the United Arab Emirates (UAE), Norway, Greece, Indonesia, the Maldives, Hong Kong, Iraq, Pakistan and Afghanistan have entered Iran's capital market over the past 8 months.

Earlier this week, Iranian Economy Minister Ali Tayyebnia reiterated that the country has a safe and secure economic atmosphere for both domestic and foreign investors.

"Iran is among the safest countries for (foreign) investment," Tayyebnia told reporters on the sidelines of a meeting with a group of Iranian economic activists.

He underlined that the Iranian economy is growing, and advised investors to "begin investing in the production and economic sectors" of Iran.

Earlier this month, an Iranian official said the country plans to attract more domestic and foreign investors.

"Foreign investment would help us meet financial needs, transfer technology, increase tax revenue, boost exports and production and be able to create more jobs," Head of Iran's Organization for Investment and Economic and Technical Assistance Mohammad Khazayee said.

Khazayee said that supporting domestic investors is also important as they implement infrastructural and fundamental projects which are the significant advantages of a country to attract more international investment.

Iran, on many occasions, has underlined that it has paved the way for attracting more investments in its ports, free trade zones, and development projects.

Meantime, so many foreign countries and international companies have voiced their enthusiasm for investing in the country's projects.

By Fars News Agency

 

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