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Malaysia to hold conference on Iran investment opportunities

Business Materials 1 July 2010 11:21 (UTC +04:00)

The director of the Organization for Investment, Economic and Technical Assistance of Iran said that a conference on investment opportunities in Iran will be held tomorrow in Malaysia.

Behrouz Alishiri explained that the advantage of investing in Iran is its lucrative profit return, the Mehr News Agency reported.

The deputy minister of economy and financial affairs said over 100 Malaysian investors will take part in four specialized panels of the conference, namely, oil, gas and petrochemicals; tourism; transportation and housing; foodstuff and agriculture, and hold face-to-face talks with Iranian businessmen.

The OIETAI chief pointed to religious, cultural, political and economic   commonalities between the two countries in international affairs, and called on foreigners to invest in Iran's privatization schemes and stock exchange market as good business opportunities.

The Iranian official reminded that much had been done by high-ranking officials of the two countries to enrich trade and business between the two cordial nations including the removal of double-taxation, customs cooperation and the overall encouragement of investments.

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