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Code: 47940 Visited: 204 Publish Date: Mar 05 2018 - 2:14
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$2bn Investment in Iranian Industry
Tehran, March. 05 (SENA) - In the first 11 months of the Iranian year (ending on March 20, 2018), two billion dollars of foreign investment has been made in Iran, said managing director of Iran Small Industries and Industrial Parks Organization (ISIPO) on Monday.

Tehran, March. 05 (SENA) - In the first 11 months of the Iranian year (ending on March 20, 2018), two billion dollars of foreign investment has been made in Iran, said managing director of Iran Small Industries and Industrial Parks Organization (ISIPO) on Monday.

'Out of the amount, $1.8bn has been absorbed into 37 industrial projects,' said Sadegh Najafi. IRNA reported.

He also added that in the coming four years 31,500 small industrial units will be renovated that will result in 370 new jobs.

After the Joint Comprehensive Plan of Action was signed in July 2015, many foreign countries that were stripped of their right to invest in Iran, due to unfair sanctions on Iran, rushed to the contrary to have a share it Iran's investment openings.

 
By: Security and Exchange News Agency (SENA)
 
 
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