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TEHRAN, April 30 - Secretary General of Iranian Ministry of Industry, Mine and Trade Foreign Investment Bureau Afrouz Bahrami said foreign investment has grown in Iran by 75% over the last Iranian calendar (March 21st, 2017 to March 21st, 2018).
TEHRAN, Young Journalists Club (YJC) – He said the volume of foreign investment in Iran has reached $3.5 billion over last year while it was about 2$ billion in the year before.
The increase is about 75%, the Iranian official added.
Iran has received $6 billion foreign investment in industry and mine sectors after its 2015 nuclear deal with P5+1 countries, he said, adding, much of the investment is in administrative phase.
Iran's foreign investment over last 20 years has totaled $40 billion, he continued.
Iran's foreign investment in 2016 jumped by 64% comparing to the figure in 2015, he noted.
Out of 174 plans approved after the nuclear deal, 70 have been launched, he said.
$1 billion foreign investment was approved last month in auto manufacturing and foodstuff mainly by China, Germany and France, he said.
Agreements worth $30 billion have been concluded for finance, he said.
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