TEHRAN, Iran, April 13
Trend:
Minister of Economic Affairs and Finance of Iran Farhad Dejpasand stated that the government's assets were estimated at $1.6 trillion value, Trend reports citing IRNA.
"If only 20 percent of the government's assets are injected into the economic cycle, it will lead to a huge leap," Dejpasand said.
“Today, we have more than $666 million worth of state-owned property, which can be transferred to the private sector,” he said.
“A commercial court is set to be set up this year with the consent of the head of the judiciary,” said Dejpasand.
“An e-commerce window will also be created so that the investor wouldn't have to leave his or her office to obtain licenses,” he said adding that many unnecessary licenses must be revoked.
“An investor should not waste time on obtaining unnecessary licenses or paying for them,” said the minister.
He said that the purpose of attracting foreign investment is not only to fill the investment gap in the capital market.
“Foreign investment is a tool and channel for technology transfer to the country and also to help effective growth and increase productivity,” said the minister.
"Taxes and treasury should be based on 'smart economy' and be electronic,” he added. "Currently, 70 percent of our country's banking is state-owned, which must be digitalized."
Dejpasand also said that Iran needs to inject 'smart economy' principle to be used by the country's customs services.