Iran to attract $1.5 billion through public-private partnership
Azerbaijan, Baku, Nov.17/ Trend G.Mehdi/
Iran will attract $1.5 billion in foreign investment through public-private partnership in the current Iranian calendar year, which ends on March 20, 2013, IRNA quoted director of the Organization for Investment, Economic and Technical Assistance of Iran Behrouz Alishiri as saying on Saturday.
Of the total planned $7 billion foreign investment in the current year, $1.5 billion will be realized through public-private partnership, he noted.
In September, Alishiri said that foreign investment plans worth as much as $10 billion are expected to be transacted by Iran during the current year.
Foreign investment plans in Iran amounted to $4.3 billion last year, showing a 27 percent growth compared on the year before, Alishiri said.
Iran needs up to $400 billion in direct foreign investment to materialize its objective of 8 percent economic growth, he added.