Foreign investment plan compilation on agenda: ICCIMA chairman

August 19, 2015 - 0:0

TEHRAN – Compiling an outlook plan for foreign investment is on the agenda, Mohsen Jalalpour, the chairman of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), said on Tuesday.

All the grounds for foreign investment are prepared and the goal of four-percent economic growth without inflation would be materialized only if foreign investment is attracted, the IRIB quoted Jalalpour as saying.

The private sector has the concern that foreign investment attraction makes the government grow larger, he said, adding an underdeveloped private sector will hamper sustainable development.

Foreign investors would face no investment limitation in Iran’s economy, the chairman of Industrial Development and Renovation Organization of Iran (IDRO), Reza Norouozzadeh, said on August 9.

In the wake of the historic nuclear pact reached between Iran and the world powers, foreign investor delegations are traveling to Tehran to win investment opportunities.

AK/