TEHRAN - Following its ratification by the High Council of Iran Touring and Tourism Organization, Iran will be divided into 7 tourist sites.

The director of Iran Touring and Tourism Organization, Mohammad Moezzeddin, said in a gathering in Semnan, that the development program of tourism, consists of three periods of five years. There will be a need for allocation of Rls.2000 billion of credit from the public sector and another Rls.4000 billion from the private sector in order to invest in the industry.

He reminded that last year alone some 1.5m tourist arrivals were recorded and that receipts from tourism totaled U.S. $1b.