Economy, Business And Markets

NDFI Urged to Attract Foreign Investments

NDFI Urged to Attract Foreign InvestmentsNDFI Urged to Attract Foreign Investments

President Hassan Rouhani has ordered the National Development Fund of Iran to prepare a plan to attract foreign investments, according to a board member of the fund who also referred to measures taken for boosting foreign relations through other channels.
“For increasing the attraction of foreign funds, Iran’s sovereign wealth fund has prioritized a number of projects outlined by the Sixth Five-Year Development Plan (2017-22), including the country’s incomplete construction projects,” Alireza Saedi, a board member of the fund, was quoted as saying by IBENA.
“Of the 70,000 projects, a total of 14,000 in the form of public–private partnership contracts can be turned over to the private sector, apart from the ministries’ infrastructural projects such as Iran Petroleum Contracts, regional development projects and private sector projects coordinated with the Iran Chamber of Commerce Industries, Mines and Agriculture.”


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