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Majority of foreign investmens in Iran made in industrial, mining and trade sectors

Finance Materials 26 October 2021 10:43 (UTC +04:00)

BAKU, Azerbaijan, Oct. 26

By Elnur Baghishov – Trend:

About 85 percent of foreign investment in Iran in terms of value and 65 percent in terms of the number were made in the industrial, mining, and trade sectors, during the first six months of the current Iranian year (March 21 through September 22, 2021), Trend reports via the report of Iranian Ministry of Industry, Mine and Trade.

According to the report, about $2.23 billion worth of foreign investment was made in Iran's industrial, mining and trade sectors under 74 plans during the reporting period.

In total, $2.61 billion worth of foreign investment was made in Iran under 113 plans in six months.

About 94.5 percent of foreign investment was made in industrial, 4.2 percent in mining, and 1.3 percent in trade sectors.

These investments were made in the production of chemicals, metals, radio, television and communications, tobacco products.

The investments were made by investors from Ghana, the UAE, Afghanistan, the Netherlands, Germany, Turkey, China and other countries.

"Foreign investments were mainly in Iran's Sistan and Baluchestan, Kerman, Zanjan, Markazi and East Azerbaijan provinces," the report said.

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Follow the author on Twitter:@BaghishovElnur

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