Azerbaijan, Baku, Nov. 19 /Trend T.Konyayeva, T.Jafarov/
The Iranian government has approved a project to attract foreign investments worth $5 billion, IRIB News quotes Behrouz Alishiri, Head of the Iranian Organization for Investment, Economic and Technical Assistance as saying.
Alishiri stressed that foreign investments worth $2 billion were attracted during eight months of the current Iranian year (started on March, 21).
However, this is not final figure. Iran has seen development in terms of foreign investments," he said.
Iranians living abroad are very interested in investing in Iran, Alishiri said.
He said the international sanctions have no affect on the private sector.
"New sanctions, which can be imposed on the private sector and foreign investments, will be useless because governments and international organizations are unable to ascertain directions of private companies' investments," Alishiri said.
He stressed that private companies are aware of safety of their investments and incomes.
Alishiri said during the last two years foreign investments attracted to Iran have increased by 120 percent despite international sanctions.