CBI Governor: Iranian Expatriates Study Investment in Motherland
June 24, 2002 - 0:0
TEHRAN -- Governor of the Central Bank of Iran (CBI) Mohsen Nourbakhsh said here on Sunday that Iranians residing abroad are now conducting research on investment prospects in the country.
Addressing reporters after a closed-door session of the Majlis, he said Iranian expatriates would mostly like to invest in construction industry as well as the stock exchange.
Asked whether Iranian expatriates have transferred billions of dollars to the country following the September 11 incident, Nourbakhsh said, "Transfer of money had no relation to the September 11 incident.
Iranians residing abroad are now studying grounds for invest in the country regardless of the incident." Investment risk is the most important hurdle preventing investment in the country, he said, adding, that ratio of the risk has been reduced a level that has absorbed more investment to the country, IRNA reported.