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Ministry of Industry, Mine and Trade of Iran discloses amount of foreign investments

Finance Materials 21 September 2020 12:29 (UTC +04:00)
Ministry of Industry, Mine and Trade of Iran discloses amount of foreign investments

BAKU, Azerbaijan, September 21

By Elnur Baghishov – Trend:

It is approved to invest about $850 million worth of foreign investments to the industrial, mine, and trade projects in Iran during the first 5 months of the current Iranian year (March 20-August 21, 2020), Trend reports citing Ministry of Industry, Mine and Trade.

According to the statistics, the number of investments increased by 37.4 percent compared to the same period last Iranian year.

“These investments are planned for 49 projects in Iran,” the statistics said.

There was an increase of 32.4 percent in terms of the number of projects in 5 months compared to the same period of the last Iranian year, the statistics noted.

Year

First 5 months of the current Iranian year (March 20-August 21, 2020)

First 5 months of last Iranian year (March 21-August 22, 2019)

Percentage change

Number of projects

49

37

32.4

Amount of foreign investments

$850 million

$619 million

37.4

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