Foreign Industrial Investment Reached $ 3.2 billion in Iran

Foreign Industrial Investment Reached $ 3.2 billion in Iran

Foreign direct industrial investment reached to a new record with an amount of 3 billion and 200 million dollars in the industrial, mining and trading sectors in the last 9 months of 2017 and the first 3 months of 2018 in Iran.
This volume of investment is related to 69 projects which their companies registration in Iran, land buying and obtaining license of foreign investment team have been done, and their executive operations are being actively pursued.
Of ongoing investments, 50% have been done with the participation of domestic partners and the rest with 100% of foreign investors' shares.
The amount of foreign investment in the last 9 months of 2017 and the first 3 months of 2018 is more than twice the amount of the first 3 months of 2017 and the last 9 months of 2016.
The mentioned investments have been targeted based on transfer of modern technologies, export-centric production, access to international markets, completion of domestic production chains and transition to global production chain.