TEHRAN, June 28, YJC - Iranian Deputy Minister of Industry, Mine and Trade Mehdi Karbasian said Iran would receive $30 billion foreign investment by 2025.
TEHRAN, Young Journalists Club (YJC) - “Iran is an ideal country for investment in mining. Mine and mining industry is important, since there are few countries in the world working in mining and investors are willing to enter into the field,” he said.
He said that Iran needs $30 billion foreign investment for developing its mining sector which is expected to be attracted in a 20-year development plan (by 2025).
He further said Iran has settled previous problems on exports guarantee funds across the world and is resuming cooperation with insurance companies of France, South Korea, Germany, Japan and other European countries.