BAKU, Azerbaijan, Jan. 4
By Elnur Baghishov – Trend:
The amount of foreign investment made in Iran's industrial, mining and trade sectors increased by 80 percent in terms of number and 33 percent in terms of value during the first nine months of the current Iranian year (March 20 through December 20, 2020), Trend reports citing the statistics of Ministry of Industry, Mine and Trade of Iran.
According to the statistics, as many as 104 companies will be created with the making of foreign investments worth about $1.48 billion in Iran's industrial, mining, and trade sectors.
“So, 42 companies will be created by 100 percent foreign investors, 51 companies will be created in the form of joint ventures with local partners, and 11 companies will be created in the form of BOT (Build-Operate-Transfer),” the statistics said.
A total of $4.38 billion worth of foreign investments was approved to be made in Iran, the statistics said.
According to the statistics, the investments were mainly in the production of chemicals, radio, television and communications supplies, equipment, printing supplies, and related equipment.
The most foreign investments will be made mainly by Germany, China, Turkey, and Britain in terms of value.
In addition, the most foreign investments will be made by Afghanistan, China, Turkey, and India in terms of the number, the statistics said.
According to the statistics, the foreign investments are planned to be made in Khuzestan, Sistan and Baluchestan, Tehran, Kermanshah, and Qazvin provinces of Iran.