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Iran sees decrease in attracting of foreign investment in industry, mining, trade sectors

Business Materials 29 September 2021 13:10 (UTC +04:00)
Iran sees decrease in attracting of foreign investment in industry, mining, trade sectors

BAKU, Azerbaijan, Sept. 29

By Elnur Baghishov – Trend:

The inflow of foreign investments into Iran’s industry, mining and trade sectors decreased by 44.8 percent during first five months of the current Iranian year (March 21 through August 22, 2021), compared to the same period last Iranian year, Trend reports citing the statistics of Ministry of Industry, Mine and Trade of Iran.

According to statistics, within 5 months, Iranian government has approved the making of foreign investment worth $485 million on 68 projects.

Meanwhile, in the same period last Iranian year, the government had approved the making of $878 million worth of foreign investment on 30 projects.

First 5 months of the current Iranian year (March 21 through August 22, 2021)

First 5 months of the last Iranian year (March 20 through August 21, 2020)

Percentage change

Number of projects

68

30

126.7

Value of foreign investment

$485 million

$878 million

-44,8

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Follow the author on Twitter:@BaghishovElnur

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