TEHRAN (FNA)- Iranian Deputy Economy Minister Behrouz Alishiri announced that the value of direct foreign investment in Iran's industrial sector has doubled in the last Iranian year (ended March 20, 2014) by attracting over $1 billion during the same period.Iran's industry sector attracted $1 billion in the last Iranian year showing a 100 percent growth as compared with the $515 million of the previous year," Alishiri told FNA on Saturday.
The Iranian deputy foreign minister reiterated that the value of foreign investment in Iran has considerably increased specially in the last several months.
Alishiri noted that the direct foreign investment in power station plants hit $239 million last year which showed a 300 percent growth compared with the year before.
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.
In January, Alishiri underlined the upward trend of foreign investment in Iran despite the US-led unilateral sanctions against the country.
Alishiri pointed to the willingness of foreign investors to return to the Iranian market, and said, The negative effects on (the economies of) the countries that have imposed sanctions on Iran have been much greater than Iran and we have learnt big lessons from the sanctions, including quitting oil-dependent economy as has been required by the Fifth Five-Year Economic Development Plan (2010-2015)."
He referred to the programs of the Iranian Investment Organization for attracting further foreign investment in the next Iranian year (starts March 21, 2014), and said, Dispatching economic attaches to target countries to persuade and enhance attraction of foreign investment, paving the way for the visit of World Bank experts to Iran, holding joint economic commission with China are among the organizations measures."
On November 24, Iran and the world powers sealed a six-month Joint Plan of Action to lay the groundwork for the full resolution of the Wests decade-old dispute with Iran over its nuclear energy program. In exchange for Tehrans confidence-building bid to limit certain aspects of its nuclear activities, the Sextet of world powers agreed to lift some of the existing sanctions against Tehran and continue talks with the country to settle all problems between the two sides.
By Fars News Agency
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