Sanctions, the main barrier to attracting foreign investment: Hemmati

TEHRAN – Iranian Finance and Economic Affairs Minister Abdolnaser Hemmati stated that sanctions pose the most significant obstacle to attracting foreign investment, not the Financial Action Task Force (FATF). Speaking to IRIB, Hemmati noted that even if Iran were to adopt the Palermo and CFT conventions, removal from the FATF blacklist would not be guaranteed in the short term.

‘Realizing 8% economic growth requires growth in foreign investment’

TEHRAN - Samad Hassanzadeh, the head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), has said that realizing the eight-percent economic growth, targeted in the country’s Seventh National Development Plan (2022-2027), requires a significant growth in attracting foreign investment.

30 countries announce readiness to invest in Iran

TEHRAN- During a conference titled Iran Investment Opportunities, which was held prior to Iran Invest Expo, it was stated that 30 countries have announced their readiness to invest in Iran.

By Mahnaz Abdi

Iran Invest Expo 2024 to provide finance, investment for export projects

TEHRAN- Iran Invest Expo 2024 is aimed at providing financing and investment in export-oriented projects in order to provide infrastructure for export-aimed production, an official with Iran’s Trade Promotion Organization (TPO) stated.

Iran ranks 4th in attracting FDI in West Asia

TEHRAN - The Islamic Republic of Iran ranks fourth in West Asia in attracting Foreign Direct Investment (FDI) after the United Arab Emirates, Saudi Arabia and Turkey, an official said.

Iran’s tourism gets boost with hundreds of investment packages

TEHRAN – Signaling a significant push for tourism growth, more than 600 investment packages have been introduced by Iran’s Cultural Heritage, Tourism and Handicrafts Ministry.

Kish Island flourishes as tourist, investment magnets

TEHRAN - The CEO of the Kish Free Zone Organization has announced a tenfold year-on-year increase in the arrival of foreign tourists on the coral Island during the last Persian year [Mar. 2023-Mar. 2024].

Foreign investment in Iran reaches $11.6b in 2 years

TEHRAN – The Iranian government has managed to attract $11.6 billion of foreign investment in various sectors since the administration took office in 2021, Shana reported.

Annual foreign investment in Iran tops $4b

TEHRAN - The value of foreign investment in Iran has reached more than $4.0 billion, the head of the Organization of Investment, Economic and Technical Assistant of Iran (OIETAI) announced.

‘Domestic, foreign investment together strengthen economic base’

TEHRAN- A board member of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) believes that in addition to domestic investment, every country needs foreign investment to strengthen its economic system, and before any action, it should try to preserve its active units.

Iran unveils 850 foreign investment packages in China intl. fair

TEHRAN- Hojatollah Abdolmaleki, the secretary of Iran’s Free Zones High Council, announced that the country unveiled 850 foreign investment packages in the 23rd China International Fair for Investment & Trade (CIFIT).

Foreign investment in Iran tourism reaches $141m, deputy minister says

TEHRAN – Foreign investment in the tourism industry of Iran totaled some $141 million in the past Iranian calendar year 1401 (ended on March 20), the deputy tourism minister has said.

350 packages being prepared to attract foreign investors to free zones

TEHRAN- The secretary of Iran’s Free Zones High Council said that 350 investment packages are being prepared to attract foreign investors to the country’s free zones.

Mazandaran tourism welcomes foreign investment

TEHRAN – The northern province of Mazandaran has issued seven foreign investment permits since the beginning of the current Iranian year (started in March 2022), a local official has said.

Over $131m of foreign investment approved in industrial, mining, trade sectors

TEHRAN - Ministry of Industry, Mining and Trade has approved 52 foreign investment projects valued at about $131.5 million in the first four months of the current Iranian calendar year (March 21- July 22), IRNA reported.

Govt. approves new resolution to facilitate foreign investment

TEHRAN –The Iranian government has approved a new resolution to facilitate foreign investment in the country, IRIB reported on Tuesday quoting an official with the Investment and Economic and Technical Assistance Organization of Iran (OIETAI).

Foreign investment approved in industry, mining, trade sectors up nearly 90%

TEHRAN - The Ministry of Industry, Mining and Trade has approved 102 foreign investment projects valued at about $2.804 billion in the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2021), which indicates 89.8 percent rise as compared to the same period of time in the past year.

Barriers to foreign investment to be removed: PBO head

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) Masoud Mirkazemi said the government has it on the agenda to remove the barriers in the way of attracting foreign investment, IRNA reported.

Iranian minister hails investment in tourism

TEHRAN – Iranian tourism minister on Monday hailed further investment in the realm of the travel industry as the Islamic Republic is preparing to jumpstart tourism following months of recession caused by the pandemic.