Spain Among Leading Foreign Investors in Iran

Spain, China and Germany have been the leading foreign investors in Iran’s industries and mining  sectors since President Hassan Rouhani took office in August 2013 with $3.14 billion, $1.33 billion and $1.1 billion worth of investments respectively, director general of the Ministry of Industries, Mining and Trade’s FDI Office said. “The United Arab Emirates, Ireland and Iraq came next, with $400 million worth of investments each,” Afrouz Bahrami was also quoted as saying by IRNA. Foreign investment in Iran received a boost after the January 2016 implementation of the nuclear deal Iran signed with world powers a year earlier.