36 Iranian SMEs attract $2.3b of foreign investments in a year

July 15, 2018 - 18:5

TEHRAN- Some 36 Iranian small and medium-sized entrepreneurs (SMEs) attracted above $2.3 billion of foreign investments during the previous Iranian calendar year 1396 (ended on March 20, 2018), Managing Director of Iran Small Industries and Industrial Parks Organization (ISIPO) Sadeq Najafi told IRNA on Sunday.

Najafi, who is also the deputy industry minister, added that Iran has attraction of investments and modern technology among its top priorities and under the conditions that the country is trying to deal with the U.S.-led economic pressures, SMEs can act as suitable means to absorb foreign investments.

HJ/MA

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