TEHRAN – The new Head of Iran’s Securities and Exchange Organization (SEO) says the country needs $200 billion of investment by 2031 to achieve its economic goals, Mehr News Agency reported.

Hojatollah Seyedi expressed hope that the SEO could play a significant role in providing the mentioned investment and supply 50 percent of the mentioned figure.

“The main mission of the Securities and Exchange Organization is to facilitate capital formation, and one of its tasks is to protect the rights of investors. Capital is formed when the investor feels protected and supported,” he said.

EF/MA