Economy, Domestic Economy

Key Iranian Provinces in Attracting FDI

Key Iranian Provinces in Attracting FDIKey Iranian Provinces in Attracting FDI

The provinces of East Azerbaijan, West Azerbaijan, Isfahan, Tehran, Qazvin, Kerman and Khorasan Razavi were the leading provinces in attracting foreign direct investments in 2016, according to the chairman of the Organization for Investment, Economic and Technical Assistance of Iran, Ali Khazaei.

"Based on the UN Conference on Trade and Development's 2017 world investment report, Iran FDI inflows amounted to $3.37 billion in 2016. This shows a 64% increase compared with the year before," Khazaei was quoted by IRNA as saying.

The official said the figure shows the investments made, while the total amount of foreign investments approved by the government during the period for which guarantees were issued, stands at $10.4 billion.


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