Official: 900 pc rise in foreign investment in industries, mining sector |
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Foreign investment in industries and mining sector has increased by 900 percent within the past three years.
Announcing this, the deputy minister of industries and mines for international and economic affairs noted that some dlrs 19 billion worth of foreign investment has been made during March 2005- March 2007.
Ali-Asghar Ramzi put the amount of foreign investment at dlrs 1.9 billion during March 2002-March 2004.
He also termed the trend of investment as positive, citing the development of industries and mines as one of the aims of the ministryministry
.
"Some dlrs 5.3 billion worth of industrial and mineral products has been exported abroad in the first quarter of current Iranian calendar year (starting on March 21, 2008)," he said.
© IRNA 2008
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