A group of European investors will be visiting Tehran in a few weeks to assess opportunities in the Middle East�s second largest economy.�

They are being represented by London-based boutique investment bank First Frontier on their first visit to Iran following �a year�s worth of laying the groundwork for investment into Iran�.

Nicholas Banszky, chairman of First Frontier, says Iran represents tremendous investment potential, hoping the trip will result in a long and fruitful involvement.

�This is something we�re very committed to and we see it as a huge opportunity,� he said.

According to Charles Robertson, global chief economist and head of macro strategy at Renaissance Capital in London, Iran is prime for foreign investment.

�There is no other country in the world that is in the top 30 global economies that has been as closed to global investors as Iran has and I doubt we�ll have this opportunity again,� he said.

Robertson is seeing signs of improvements in Iran�s economic environment. The government of President Hassan Rouhani has �tightened monetary policy and stabilized the currency, which has brought inflation down to around 15% from 45%�.

�Growth has picked up and is supported by a big surge in investment,� he said.

According to Alison Graham, founder and CIO of Voltan Capital Management, Iran is certainly of great interest.

The country has �all the classic underpinnings of a frontier market prime for growth, including a large and well-educated young population that want to work and want the kinds of consumer goods that they have not had access to thus far as a result of the sanctions�.

�Iran also has a fairly large and liquid stock market and of course, it has oil,� he said.

First Frontier has tied up with an Iranian investment banking firm, The Agah Group, to provide research on the country�s leading companies, its CEO Banszky said.

�Once we start rolling out the research we will have a better idea and be able to better understand the opportunities,� he said.

By Press TV