Iran attracts $12 billion foreign investment

Minister of Economic Affairs and Finance of Iran said the country attracted $12 billion foreign investment in 1395 (March 2016-2017).
(SHADA: TEHRAN) -- On the sidelines of the inauguration of the center building of Investment Service Center in Markazi Province, Ali Tayyebnia said: This is despite the fact that our goal was $10 billion in 1395.

In the post-JCPOA era, so far we have signed agreements worth $50 billion to attract financing, he added.

We can now sign contracts with standard terms and with countries which have capital and technology, Tayyebnia stressed.

The Investment Service Center was launched in 1389 and during the eleventh government it managed to attract $450 million foreign investment.

Major foreign investments in Markazi Province are in the field of chemical and petrochemical industries, steel, construction, food and mining.