20 June 2013
The government has approved foreign investment projects valued at $54 billion, said the deputy economic affairs and finance minister.
Behrouz Alishiri said in the 176th meeting on foreign investment that eight foreign investment projects have been approved.
Alishiri noted that the projects are aimed at increasing the production of copper ore and concentrate, float glass, medical lenses, car spare parts, metal pins, textiles and hygienic products as well as larva and aquatics.
In this session, other approvals included changing foreign investors and amending previous foreign investment permits.
The implementation of these projects will boost employment, improve quality of products, facilitate technology transfer and boost exports.
Alishiri, who also heads the Organization for Investment, Economic and Technical Assistance of Iran, said in May three new plans will be implemented to attract more foreign investments in the current Iranian year (started March 21).
"Changing the organization's structure and drafting new investment incentives have been undertaken to attract more foreign investors," he said.
Referring to the significant growth of foreign investments last year, the official said foreign investors are attracted to places that are suitable for investment and enjoy political and economic security.
Alishiri said the special features and advantages of Iran's economy play a very important role in attracting foreign investment.
Alishiri stressed that foreign investment regulations provide investors with adequate support and this helps attract foreign investors to Iran.
The government has approved foreign investment projects valued at $54 billion, said the deputy economic affairs and finance minister.
Behrouz Alishiri said in the 176th meeting on foreign investment that eight foreign investment projects have been approved.
Alishiri noted that the projects are aimed at increasing the production of copper ore and concentrate, float glass, medical lenses, car spare parts, metal pins, textiles and hygienic products as well as larva and aquatics.
In this session, other approvals included changing foreign investors and amending previous foreign investment permits.
The implementation of these projects will boost employment, improve quality of products, facilitate technology transfer and boost exports.
Alishiri, who also heads the Organization for Investment, Economic and Technical Assistance of Iran, said in May three new plans will be implemented to attract more foreign investments in the current Iranian year (started March 21).
"Changing the organization's structure and drafting new investment incentives have been undertaken to attract more foreign investors," he said.
Referring to the significant growth of foreign investments last year, the official said foreign investors are attracted to places that are suitable for investment and enjoy political and economic security.
Alishiri said the special features and advantages of Iran's economy play a very important role in attracting foreign investment.
Alishiri stressed that foreign investment regulations provide investors with adequate support and this helps attract foreign investors to Iran.
© Iran Daily 2013
