Economy, Domestic Economy

Iran SMEs Attract FDI Worth $2b

SMEs Attract FDI Worth $2bSMEs Attract FDI Worth $2b

Iran’s small- and medium-sized enterprises attracted some $2 billion worth of foreign investments during the first 100 days of President Hassan Rouhani’s second term, Minister of Industries, Mining and Trade Mohammad Shariatmadari said.

“The amount was attracted by a total of 37 SMEs,” he added.

By definition, enterprises run by 100 workers or less, and 50 workers or less are considered small- and medium-sized respectively, according to Iran’s Small Industries and Industrial Parks Organization.

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