Recent News

$2.4 billion approved for new foreign investment in Iran

The Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) says the Foreign Investment Committee approved $2.4 billion for new investment in the country.

(SHADA: TEHRAN) -- The Foreign Investment Committee agreed on starting 25 projects, including 7 new projects and 19 sub-projects related to investment. The total investment is estimated at 2.4 billion dollars.

According to the official UNCTAD’s report, the foreign capital inflow to the country reached $2.50 billion in 2015 and $3.37 billion in 2016, indicating an increase of 65 percent.