Domestic Economy
0

China Investments in Iran Near $27b

Of the total Chinese investment, 1.53 billion were made in chemical industries, $11.1 billion in energy, $4.96 billion in metals, $160 million in real estate, $6.92 billion in transport and $2.25 billion in utilities
China Investments in Iran Near $27b China Investments in Iran Near $27b

China invested $26.92 billion in Iran from 2005 to 2019.
The American Enterprise Institute added that of the total investment volume, 1.53 billion were made in chemical industries, $11.1 billion in energy, $4.96 billion in metals, $160 million in real estate, $6.92 billion in transport and $2.25 billion in utilities.
Among Iran’s neighboring countries, China invested $56.33 billion in Pakistan, $3.48 billion in Afghanistan, $6.8 billion in Turkmenistan, $1.92 billion in Azerbaijan, $15.96 billion in Turkey, $23.95 in Iraq, $41.16 billion in Saudi Arabia and $34.7 billion in the UAE over the period. 
The value of China’s overseas investment and construction combined since 2005 exceeds $2 trillion. 
In 2019, the average size of Chinese construction deals overseas shrank and investment fell outright. Greenfield investment and the Belt and Road Initiative became relatively more important. 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com