10 February 2012, 10:03 (GMT+04:00)

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About $1.7 billion foreign investments made in Iran

Azerbaijan, Baku, Feb. 8 / Trend /

During the past eleven months of [new year begins march 21 in Iran], investments worth $1.7 billion was invested in Iran, Head of the Iranian Organization for Foreign Investment Behruz Alishiri said. The figure is expected to reach $2 billion, Mehr reported.

He said in 2009 the amount of investment made in the country exceeded the figure of 2008 by

So far, the country received $3.7 billion from the Islamic Development Bank, he said. These funds are used to finance commercial projects, but also to the private sector, he added.

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