$2.4bn of investments made in power industry in 6 years
Iranian Energy Minister Reza Ardakanian announced on Sunday that during the past six years, some 230 trillion rials (about $2.4 billion) of investments have been made on power and electricity industry.
Iran, Australia ink coop. agreement in investment field
Concurrent with the National Day of Australia, an industrial cooperation agreement was signed between Iran and Australia in the presence of representatives from Australian companies, ambassador of Australia to Tehran and director general of Foreign Ministry for Asia-Pacific Affairs in Tehran on Jan. 26. In this ceremony, Australian Ambassador to Tehran Ian Biggs pointed to […]
Iran Europe’s investment hub
Head of the Investment and Consultancy Services at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) says Iran can become an ‘investment hub’ for EU countries given its geographical position and large educated work force. According to a report by Monetary and Banking Research Institute in Tehran, Ferial Mostafi, the head of the TCCIM […]
Currency fluctuations can jeopardize investment considerably
Minister of Industry, Mine and Trade Mohammad Shariatmadari said that currency fluctuations can put investment at significant risk. Stability in economic indicators is one of the requirements for attracting foreign capitals in the country, the minister opined. Speaking on the sidelines of unveiling ceremony of National Atlas of Maps of Mineral Potentials, he said, “stability […]
Containerization in need of investments
TEHRAN- Iran owns 229 container ships, which contributes to 1.1 percent of the global capacity, but containerization is in dire need of attracting investments, Mohammad Rastad, head of Iran’s Ports and Maritime Organization (IPO), stated. Making the remarks in the 25th Conference of Coordinating Marine Organizations of Iran on Tuesday, the official said: “Some 145 […]
Chinese direct investment in Iran up 20%
General Manager of Iranian Investment Organization Mohammad Khazaei said here on Tuesday that China’s direct investment in Iran has experienced a considerable 20 percent. He pointed to the ever growing development of all-out relations between Tehran and Beijing and said, “Chinese company made direct investment, valued at $2.3 billion, in Iran since 2013 up to […]
Iran, Czech Republic agree to bolster mutual investment
TEHRAN – Iran and Czech Republic signed an agreement to encourage and support mutual investment. According to Shada news agency, the document was signed by Czech Deputy Finance Minister Ondrej Landa and Deputy Finance Minister of Iran Mohammad Khazaie in Tehran on Monday. Iranian Finance Minister Masoud Karbasian also attended the signing ceremony. After signing […]
60% growth in foreign investment after JCPOA
TEHRAN– Economic official Hosseini said the volume of foreign investment in Iran has increased by 60 percent since the nuclear deal came into effect in 2016. Deputy head of Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), Jamal Farajollah Hosseini, made the remark at an international forum on Iran’s economic and investment opportunities […]
Iran gears up for trade, investment boom
After decades of sanctions and taking apart from international lucrative markets, the Islamic republic Iran is now ready to take advantage of these opportunities. Thanks to its rich economic and investment potentials, the majority Iranian industries are full of economic untapped opportunities especially the small-and medium-sized enterprises (SMEs). Regretfully, lack of global promotions on Iranian […]
Czech Republic to fund Iran investments
The Czech Republic says it plans to allocate a credit line of €100 million to support Iran’s infrastructure projects. The announcement was made by Czech Ambassador to Tehran Svatopluk Cumba who said an agreement to the same effect would be signed between the two countries in the near future. Cumba added that there had been […]