Chabahar Free Zone seeks to attract more travelers

TEHRAN – Chabahar Free Zone Organization plans to develop tourism infrastructure in order to attract more travelers to the port area, which is situated in Iran’s southeastern Sistan-Baluchestan province.

30,000 Iranians obtained visas for Spain in 2018, envoy says

TEHRAN – Some 30,000 Iranians got visas for Spain in 2018, Madrid’s ambassador to Tehran has said.

Tehran to host 4th Intl. Health Congress of Islamic Countries

TEHRAN – The 4th International Health Congress of Islamic Countries, which is aimed to bring together senior scholars, academia, and experts from the public and private sectors, will be held in Tehran’s Homa Hotel from October 9 to 11.

Tourism a top priority in Iran-ITC cooperation

Tourism industry has been selected as a top priority in cooperation between Iran and the International Trade Centre (ITC) for development of exports, Vali Teymouri, Iran’s deputy tourism chief announced on Wednesday, Mehr reported.

Turkish company to build vast tourism complex in Kish

TEHRAN – A Turkish company is going to construct a large tourism complex in Iran’s southern island of Kish with making investment as much as $100 million.

Sierra Leone welcomes Iranian private sector investments

TEHRAN- In a meeting between Ambassador of Sierra Leone to Tehran Alimamy Kamara and Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Masoud Khansari, the African envoy invited Iranian private sector to invest on his country’s education and health sectors, the portal of TCCIMA reported.

Investments in industrial sector doubled in 8 months

TEHRAN- According to the data released by the Iranian industry minister, during the first eight months of the present Iranian year (March 21- November 21, 2018), some 384.36 trillion rials (about $9.15 billion) of investments have been made in domestic industrial sector, IRNA reported on Sunday.

‘Investment making a necessity for railway sector’

TEHRAN- Managing Director of Islamic Republic of Iran Railways (known as RAI) Saeed Mohammadzadeh said that development in the railway sector of the country is in need of large investment makings, IRNA reported.

PMO offering best incentives for investment in ports

TEHRAN- Iran’s Ports and Maritime Organization (PMO) Managing Director Mohammad Rastad announced that his organization offers the best incentives to the investors who make investment in development of ports.

Annual investment making rises 4.1%

TEHRAN- Investment making in Iran rose 4.1 percent during the past Iranian calendar year (ended on March 20, 2018), Central Bank of Iran (CBI) Governor Valiollah Sief announced.

13 industrial projects implemented using $1.8b of investment in a year

TEHRAN- According to Iranian Ministry of Industry, 13 industrial projects were implemented during the past Iranian calendar year 1396 (ended on March 20, 2018) using 81.3 trillion rials (about $1.89 billion) of investment.

Oil, gas, petchem sectors require $200b investment: Zanganeh

TEHRAN- Oil, gas and petrochemical sectors as the driver of Iran’s economy require $200 billion of investments for development in the coming years, Oil Minister Bijan Namdar Zanganeh said on Tuesday.

Over $2.3b required to complete mining projects

TEHRAN- Underway mining and related industries projects require 104 trillion rials (about $2.311 billion) of investment to be completed, according to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian.

Next year budget bill envisages $16b investment for employment plans

TEHRAN- Iran’s national budget bill for the next Iranian calendar year, starting March 21 has envisaged 734 trillion rials (about $16.398 billion) of investment to be made by the government to implement 12 job-creation plans, Government spokesman Mohammad Baqer Nobakht announced in a press conference on Tuesday.

Seminar on Iran’s investment opportunities held in S. Korea

TEHRAN – Concurrent with the opening of Iran-South Korea Joint Chamber of Commerce a seminar on Iran’s investment opportunities was held in Seoul on Monday.

Iran promoting investment opportunities in southeastern Makran shores

TEHRAN - The 2nd International Summit for Presenting Investment Opportunities in Makran Shores (in southeastern Iran) commenced on Sunday at Milad Tower Conference Hall in Tehran.

54 IDRO projects to be implemented using $14.7b of investments by 2022

TEHRAN- Iran’s Industrial Development and Renovation Organization (IDRO) plans to implement some 54 projects using 660 trillion rials (about $14.73 billion) of investments by March 20, 2022, the organization’s Head Mansour Moazzami announced on Saturday.

Iranian oil, gas sector’s investment opportunities presented in IP Week 2018

TEHRAN- Investment potentials in Iran’s oil and gas sector was presented in the International Petroleum (IP) Week 2018, which was held in London from February 20 to 22.

India allows investment in rupees in Iran

TEHRAN-Indian government sources have said that New Delhi has recently allowed investment in Indian rupees in Iran, the Again Age reported on Friday.

Renault’s investment in Iran to hit €800m

TEHRAN – French automaker Renault is going to expand activities in Iran, boosting its total investments in the country to €800 million, IRNA reported quoting the company’s director for MENA region.

By Haniyeh Sadat Jafariyeh

'Iran able to attract $3.5t of investments in 20 years'

Governor of the Central Bank of Iran (CBI) Valiollah Seif has said the country is able to attract $3.5 trillion of investments within the next two decades.

Dagestani bank offers $100m to Iran health tourism

TEHRAN - Republic of Dagestan’s Elbin Bank aims to invest $100 million in Iran by constructing a health tourism township near the city of Ardebil in northwest of the country, IRNA reported on Friday.

Mining sector requires $18b by Mar. 2021

TEHRAN- Iran’s mining sector needs $18 billion investment by the end of the country's Sixth Five-Year National Development Plan (March 2021), according to an official in mining sector.

Tehran, Moscow explore investment opportunities

TEHRAN – Moscow hosted a joint Iran-Russia business forum on investment opportunities in Iran on Tuesday in which the two sides discussed Iran’s economic potentials, IRNA reported.

Iran’s Sistan-Baluchestan lures tourism investors: official

TEHRAN – Sistan-Baluchestan, a southeastern Iranian province, is more and more attracting tourism investors in particular in its ecotourism and hospitality sector, the provincial tourism chief says.

BY Haniyeh Sadat Jafariyeh

Re-elected Rouhani’s economic challenges, priorities

After his landslide victory in Iran’s presidential election held on May 19, Iranian President Hassan Rouhani swept to his second term.

Spain willing to invest in Iran’s tourism infrastructure

TEHRAN – Spain is willing to invest in tourism and hospitality infrastructures across Iran, IRNA quoted Matilde Pastora Asian Gonzalez, Secretary of State for Tourism of Spain, as saying on Friday.

Private investments in cultural heritage restoration surge

TEHRAN – The sum of private investments in restoration of cultural heritage structures have witnessed a staggering 449% rise over the past four years compared to the previous records.

Semnan conference aims to spur investment in tourism

TEHRAN – The Cultural Heritage, Tourism, and Handicrafts Department of Semnan province, north-central Iran, will host a tourism investment conference on May 4.

Transport infrastructures development needs $127b by 2026

TEHRAN- According to the Ministry of Transportation and Urban Development, developing transportation infrastructures in Iran requires 4.75 quadrillion rials (about $127 billion) investment by  the end of the country’s outlook plan for the calendar year of 1404 (March 20, 2026), IRNA reported on Tuesday.