News :

 

Iran's FDI to Reach $2b

TEHRAN - Iran has absorbed $1.7 billion of foreign direct investment (FDI) in the first 10 months of the current Iranian fiscal year (started March 20, 2009), head of Iran Foreign Investment Organization said.

Announcing the above, Behrooz Alishiri said that the figure will reach $2 billion by the end of the year (March 20, 2010).

He said that the FDI made in Iran this year shows 30 percent growth over the last year.

Iran sets to absorb $12 billion of FDI by the end of its 5th Development Plan (starting in 2010 and ending in 2015), he added.