TEHRAN – The Trade Opportunities in Iran Seminar was held in Hong Kong on Thursday in the presence of Iranian officials.

The Head of Iran’s Chamber of Commerce, Industries, and Mines (ICCIM) Mohammad Nahavandian, Iranian Deputy Foreign Minister for Economic Affairs Alireza Sheikh-Attar, the Managing Director of Iran Foreign Investment Company (IFIC) Ahmad Jamali, and the Head of the Iranian Privatization Organization (IPO) Gholamreza Kord-Zanganeh attended the event.
Delivering a speech at the ceremony, Nahavandian said that Iran witnessed a 20 percent rise in investment sector in the past five years.
Referring to Iran’s great potential for investors of Hong Kong, he announced that petrochemical and refineries could be the best areas.
He expressed the preparedness of the ICCIM and Iran-China Joint Chamber of Commerce to work with Hong Kong’s investors.
Referring to the seminar as a means to get familiar with sides’ potentials and investment opportunities, Sheikh-Attar announced that reopening the Consulate General of Iran in Hong Kong Administrative Region in 2002 reinforced bilateral relations.
He said that Iran-Hong Kong trade volume in 2006 was about HK$4 billion.
Also delivering a speech in the seminar, Ahmad Jamli said that permits for 373 projects valued at over $30 billion were issued in previous years, adding the investors were mostly from European and Asian countries like China, India, and the United Arab Emirates.
Explaining the policies of the Article 44 of the Constitution, Kord-Zanganeh said that 237 Iranian companies will be privatized by the end of current Iranian calendar year, March 20, 2008).
In a meeting between visiting Nahavandian and Lily Chiang, the head of Hong Kong General Chamber of Commerce, the sides underlined the sides’ trade ties reinforcement.