H1 Foreign Investments Hit $3.8b

Iran attracted $3.8 billion of foreign investments during the first half of the current fiscal year (March 20-Sept. 21) for the projects approved by the Organization for Investment, Economic and Technical Assistance of Iran. 
“Absorbing foreign investment is by far better than taking out foreign loans; foreign investment is synonymous with opening a gate to technology, new jobs and improved production,” Minister of Economic Affair and Finance Farhad Dejpasand was quoted as saying by IRNA. 
"A foreign investor is, in fact, Iran’s ambassador in the country where they come from; they would demand their governments avoid taking decisions that might imperil their investment. In doing so, relations between the two countries are strengthened," he added.