Iran offers more incentives to foreign investors
The previous maximum 25 percent share of foreign investors in Iranian firms has been deleted and companies with real and legal entity foreign shareholder can now get loans from Iran's Forex Fund.
Also the maximum 40 percent of the total value of the project granted as a loan has also been deleted by the board of the Forex Fund.
These new regulations are part of the administration's incentives to attract foreign investors, ILNA news agency reported.
Industry, mining, agriculture, transportation, services (including tourism), IT and the export of goods are sectors included for using the Forex Fund facilities.