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Amount of foreign investments up in Iran

Business Materials 3 December 2019 21:38 (UTC +04:00)

BAKU, Azerbaijan, Dec. 3

By Elnur Baghishov - Trend:

The amount of foreign investments increased by 26.1 percent in Iran from March 21 through October 22 of this Iranian year (began on March 21, 2019) compared to the same period of last year, Trend reports referring to the report of the Iranian Ministry of Industry, Mine and Trade.

In accordance with the report, the amount of total investments has reached over $784 million. The implementation of 55 projects related to industry, mine and trade through foreign investments was approved from March 21 through October 22.

Year

from March 21 through October 22 of this Iranian year (beginning on March 21, 2019)

from March 21 through October 22 of last Iranian year (beginning on March 21, 2018)

Difference in percent

Number

55

43

27.9

Foreign investments

784.6

622.3

26.1

The investments of Iran's Ministry of Industry, Mine and Trade have reached more than $762 million during the six months.

Year

from March 21 through September 22 of this Iranian year (began on March 21, 2019)

from March 21 through September 22 of last Iranian year (began on March 21, 2018)

Difference in percent

Number

50

32

56.3

Foreign investments

762.6

578

31.9

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