Iran FDI rises 20% in seven months
Iran FDI rises 20% in seven months

TEHRAN (Iran News) – Minister of Economic Affairs and Finance (MEAF) Farhad Dejpasand said that Iran Foreign Direct Investment, FDI, registered a 20 percent growth in the first seven months of the current Iranian calendar year (started March 21), showing growth as compared to the last year’s corresponding period. He made the remarks on Mon. […]

TEHRAN (Iran News) – Minister of Economic Affairs and Finance (MEAF) Farhad Dejpasand said that Iran Foreign Direct Investment, FDI, registered a 20 percent growth in the first seven months of the current Iranian calendar year (started March 21), showing growth as compared to the last year’s corresponding period.

He made the remarks on Mon. in the Parliament and said, “under the tough sanctions imposed by the US against the Islamic Republic of Iran, Foreign Direct Investment or known as FDI, increased 20 percent at large.”

The Ministry of Economy has tried to follow up on one of the methods of financing through attracting direct investment in the country especially in the sanctions period, Dejpasand added.

As Dejpasand has announced earlier, the government is to make major amendments in the privatization method of state-run companies, the related information of which is to be revealed in a few days.

He added that despite the US economic terrorism, Iran has still enough ability to export.

Last month on November 10, President Rouhani said: “Despite all pressures, our non-oil exports are in good conditions and this means that the entire country is working hard, and today, we need to step up our efforts for more development.”

  • source : MNA, Irannews