FDI Tops $5 Billion  in Six Months
Economy, Domestic Economy

FDI Tops $5 Billion in Six Months

A senior government official says 66 foreign direct investment projects worth $5.16 billion are being implemented after the nuclear agreement (Joint Comprehensive Plan of Action) came into effect in January.
Head of Management and Planning Organization, Mohammad Baqer Nobakht, says, “These projects are mostly in transportation, renewable energy, tourism, recycling, electronic industries, food and machinery.
Mehr News Agency quoted him as saying that the country managed to attract $6.71 billion for 63 FDI projects in the fiscal Iranian year that ended in March.
In the previous year the FDI was a meager $920 million for 41 projects.
The nuclear deal signed between Iran and the six world powers (the five permanent members of the UN Security Council plus Germany) in July 2015 saw the easing of sanctions on Tehran in exchange for curbs on its disputed nuclear program.

Short URL : http://goo.gl/nXTe3y
  1. http://goo.gl/FxwrBN
  • http://goo.gl/RDemQl
  • http://goo.gl/q6eF1U
  • http://goo.gl/S5Nk6L
  • http://goo.gl/qKHZ2A

You can also read ...

Iran's Economic Ties With Qatar Booming, Exports Up 117%
Iran exported $139 million worth of non-oil goods to Qatar...
China relies on oil imports from Iran while Tehran looks to Beijing for investment.
The value of Iran's exports to China during the nine months to...
Representatives of the chambers of commerce of Tehran and Vienna attended a joint event in Austria’s capital Vienna.
At a joint event attended by the 36-strong delegation from...
No Problem With Plane Deal Financing
Iran does not have a problem obtaining financing for its...
Exports to Europe  Rise 107%
The value of Iran’s exports to the European Union from January...
No Restrictions on Bank Sepah’s German Operations
Bank Sepah, the oldest Iranian bank, has denied reports in the...
Tehran, Kiev Discuss Upgrading Aviation Ties
Head of the Iranian Parliament’s National Security and Foreign...
Yazd Earns $10m in 7 Months
Close to 1.24 million tons of goods worth over $10 million...