economy recess Archives - Iran News Daily https://irannewsdaily.com/tag/economy-recess/ Sun, 12 Apr 2020 05:57:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.4 https://irannewsdaily.com/wp-content/uploads/2020/04/cropped-iranlogo-32x32.png economy recess Archives - Iran News Daily https://irannewsdaily.com/tag/economy-recess/ 32 32 Stats: 6.5% decrease of FDI in industrial projects https://irannewsdaily.com/2020/04/stats-6-5-decrease-of-fdi-in-industrial-projects/ https://irannewsdaily.com/2020/04/stats-6-5-decrease-of-fdi-in-industrial-projects/#respond Sun, 12 Apr 2020 05:57:45 +0000 https://irannewsdaily.com/?p=108432 TEHRAN (Iran News) – Iran’s industrial, mining and trade sectors witnessed a 6.5 percent decrease, year-on-year, in terms of the value of approved foreign direct investment (FDI) in their projects in the 11 months of the previous Iranian calendar year (March 21, 2019-February 19, 2020), according to the official stats. In this period, the total […]

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]]> TEHRAN (Iran News) – Iran’s industrial, mining and trade sectors witnessed a 6.5 percent decrease, year-on-year, in terms of the value of approved foreign direct investment (FDI) in their projects in the 11 months of the previous Iranian calendar year (March 21, 2019-February 19, 2020), according to the official stats.

In this period, the total value of FDI in the projects of the sector stood at $854 million, Mehr News Agency reported.

In the same time span, 82 industrial, mining and trade projects were approved by the country’s Foreign Investment Board, indicating a 26.2 percent growth year-on-year.

The board had approved 65 projects, worth $914 million, pertaining to these sectors from March 21, 2018-February 19, 2019.

 

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