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Foreign investments in Iran increase by over 30%

Business Materials 21 November 2019 19:23 (UTC +04:00)

BAKU, Azerbaijan, Nov. 21

By Elnur Baghishov - Trend:

During the first six months (March 21-Sept. 22) of this Iranian year (began March 21, 2019), foreign investments increased by 31.9 percent compared to the same period last year, reads the report of the Iranian Ministry of Industry, Mine and Trade, Trend reports via ISNA.

The total investments’ value was more than $762 million.

During the six months of this Iranian year, Iran’s Foreign Investment Board approved 50 projects in the industrial, mine and trade sectors.

Period

6 months (March 21 – Sept. 22) of this Iranian year (began March 21, 2019)

6 months (March 21 – Sept. 22) of last Iranian year (began March 21, 2018)

Percentage change

Number of investments

50

32

56.3

Value of all investments (mln. US dollar)

762.6

578

31.9

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