Foreign investment in Iran tourism reaches $141m, deputy minister says

TEHRAN – Foreign investment in the tourism industry of Iran totaled some $141 million in the past Iranian calendar year 1401 (ended on March 20), the deputy tourism minister has said.

350 packages being prepared to attract foreign investors to free zones

TEHRAN- The secretary of Iran’s Free Zones High Council said that 350 investment packages are being prepared to attract foreign investors to the country’s free zones.

Mazandaran tourism welcomes foreign investment

TEHRAN – The northern province of Mazandaran has issued seven foreign investment permits since the beginning of the current Iranian year (started in March 2022), a local official has said.

Over $131m of foreign investment approved in industrial, mining, trade sectors

TEHRAN - Ministry of Industry, Mining and Trade has approved 52 foreign investment projects valued at about $131.5 million in the first four months of the current Iranian calendar year (March 21- July 22), IRNA reported.

Govt. approves new resolution to facilitate foreign investment

TEHRAN –The Iranian government has approved a new resolution to facilitate foreign investment in the country, IRIB reported on Tuesday quoting an official with the Investment and Economic and Technical Assistance Organization of Iran (OIETAI).

Foreign investment approved in industry, mining, trade sectors up nearly 90%

TEHRAN - The Ministry of Industry, Mining and Trade has approved 102 foreign investment projects valued at about $2.804 billion in the first nine months of the current Iranian calendar year (March 21-Decemebr 21, 2021), which indicates 89.8 percent rise as compared to the same period of time in the past year.

Barriers to foreign investment to be removed: PBO head

TEHRAN – Head of Iran’s Planning and Budget Organization (PBO) Masoud Mirkazemi said the government has it on the agenda to remove the barriers in the way of attracting foreign investment, IRNA reported.

Iranian minister hails investment in tourism

TEHRAN – Iranian tourism minister on Monday hailed further investment in the realm of the travel industry as the Islamic Republic is preparing to jumpstart tourism following months of recession caused by the pandemic.

Arvand FTZ attracts $52m of foreign investment in a year

TEHRAN- Arvand Free Trade Zone (FTZ), in Iran’s southwestern province of Khuzestan, attracted $52 million in the form of approved foreign investment projects during the past Iranian calendar year (ended on March 20).

Foreign investment in industrial, trade sectors up over 113% in 11 months

TEHRAN - The Ministry of Industry, Mining and Trade has approved 135 foreign investment projects valued at about $1.821 billion in the first 11 months of the current Iranian calendar year (March 20,2020-February 18, 2021), up 113.2 percent compared to the last year’s same period.

Foreign investment in industrial, trade sectors up 128% in 9 months

TEHRAN - The Ministry of Industry, Mining and Trade has approved 104 foreign investment projects valued at about $1.477 billion in the first nine months of the current Iranian calendar year (March 20-December 20, 2020), up 128 percent compared to the last year’s same period.

Foreign investment in industrial, mining, trade sectors up 71% in 8 months

TEHRAN – The volume of foreign investment attracted in Iran’s industrial, mining and trade sectors during the first eight months of the current Iranian calendar year (March 21-November 20) increased 71.2 percent compared to the same period in the previous year.

Foreign investment in Iran up 97% in 5 months yr/yr

TEHRAN - Iran attracted $2.351 billion of foreign investment during the first five months of the current Iranian calendar year (March 20-August 21), up 97 percent compared to the same period last year, Finance and Economic Affairs Ministry data showed.

Industry Ministry approves over $1b of foreign investment in 7 months

TEHRAN- The Ministry of Industry, Mining and Trade has approved 75 foreign investment cases valued at about $1.02 billion in the first seven months of the current Iranian calendar year (March 20-October 21).

Iran expected to attract $6b of foreign investment by Mar. 2021

TEHRAN – Iran is expected to attract $6 billion of foreign investment by the end of the current Iranian calendar year (March 20, 2021), Director-General of Foreign Investment Office of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) Abolfazl Koudeie said.

Industry Ministry approves $850m of foreign investment in 5 months

TEHRAN- The Ministry of Industry, Mining and Trade has approved 49 foreign investment cases valued at about $850 million in the first five months of the current Iranian calendar year (March 20-August 21), Donya-e-Eqtesad daily reported.

By Hanieh khakpour

Foreign investment in Iran to be facilitated

TEHRAN- After the Supreme Council for Economic Coordination, the Finance and Economic Affairs Ministry, the Interior Ministry, and other influential organizations in Iran decided to facilitate the conditions of foreign investment in the country, Vice President Eshaq Jahangiri announced the Foreign Investment Promotion and Protecting Act (FIPPA) last year.

Industry Ministry approves over $800m of foreign investment in 3 months

TEHRAN- The Ministry of Industry, Mining and Trade has approved 58 foreign investment cases valued at $832.6 million in the first three months of the current Iranian calendar year (March 20-June 20), the portal of Trade Promotion Organization (TPO) reported.

Foreign investment approved for industry, mining, trade projects rises 5.4%

TEHRAN- The value of foreign investment approved by the Ministry of Industry, Mining and Trade during the first two months of the current Iranian calendar year (March 20-May 20) increased by 5.4 percent compared to the same period last year, ISNA reported.

By Mahnaz Abdi

Tehran Times goes big on economy

TEHRAN- Since its establishment in May of 1979, the Tehran Times, as Iran’s leading English-language newspaper, has been playing a significant role in the national economic development.

UAE, China, Netherlands top foreign investors in Iran’s industry

TEHRAN – Iranian Industry, Mining, and Trade Ministry’s reports on foreign investment in the country’s industry, mining and trade sectors indicates that during the last Iranian calendar year (ended on March 19), $854 million of foreign investment projects were ratified and the United Arab Emirates (UAE), China, and the Netherlands had the biggest share of the investments.