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Iran unveils data on projects to be launched, based on pre-agreed foreign investments

Business Materials 2 December 2021 11:17 (UTC +04:00)
Iran unveils data on projects to be launched, based on pre-agreed foreign investments

BAKU, Azerbaijan, Dec. 2

By Elnur Baghishov – Trend:

The number of projects approved on the basis of pre-agreed foreign investment in Iran's industrial, mining and trade sectors decreased by 1.3 percent, during the first seven months of the current Iranian year (March 21 through October 22, 2021), compared to the same period last Iranian year, Trend reports citing via the statistics of Iranian Ministry of Industry, Mine and Trade.

According to the statistics, a total of 74 projects were approved over the reporting period. Meanwhile, in the same period last Iranian year, the figure stood at 75.

Year

The first 7 months of the current Iranian year (Mar. 21 through Oct. 22, 2021

The first 7 months of the last Iranian year (Mar. 20 through Oct. 21, 2020)

Percentage change

The number of foreign investments

74

75

-1.3

Value of foreign investments

$2.23 billion

$1.02 billion

117.9

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