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Foreign investments made in Iran's industrial, mining and trade sectors jump

Finance Materials 14 March 2021 15:25 (UTC +04:00)
Foreign investments made in Iran's industrial, mining and trade sectors jump

BAKU, Azerbaijan, Mar. 14

By Elnur Baghishov – Trend:

Some $1.82 billion worth of foreign investments were made in Iran's industrial, mining and trade sectors during the first 11 months of the current Iranian year (from March 20, 2020 through February 18, 2021), Trend reports citing the report of Ministry of Industry, Mine and Trade of Iran.

According to the report, this is an increase of 113 percent compared to the same period last Iranian year.

"These investments are related to 135 projects. About 88.9 percent of the projects are related to the industrial sector, 5.2 percent - mining sector and 5.9 percent - trade sector," the report said.

Furthermore, the foreign investments also increased by 64 percent in terms of number over the 11 months, compared to the same period last Iranian year, the report said.

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