TEHRAN – The National Development Fund of Iran (NDFI) and China Investment Corporation (CIC) explored areas to launch joint ventures and to establish a fund aimed at financing private sector projects in Iran, IRNA reported on Sunday.

According to the report, Ding Xuedong, the head of CIC, heading a high-ranking delegation, met with Safdar Hosseini, the chairman of the NDFI, in Tehran on Sunday.

During the meeting, Hosseini mentioned some of the potential areas for joint investment among which Infrastructure projects in the field of oil, gas, petrochemical projects, agriculture and construction of greenhouses and fish farming in cages could be mentioned.

Xuedong, for his part, noted that as a Capital institution, CIC is eager to learn more about Iran’s market and its investment opportunities.

Hosseini also proposed establishing a joint group of financial experts from both sides and providing a timetable for the introduction and exploring potential projects which was welcomed by Chinese side.

EF/