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UNCTAD: Iran attracts over $4 bln direct investments in 2011

Iran Materials 7 July 2012 12:17 (UTC +04:00)

Azerbaijan, Baku, July 7 /Trend, D.Khatinoglu/

The United Nations Conference on Trade and Development (UNCTAD) reported that Iran attracted about $4.15 billion foreign direct investments (FDI) during 2011, or $1.102 more compared to the previous year.

According to the report, Iran ranks second in term of placing FDI among Middle East countries, after Saudi Arabia ($16.4 bln) and United Arab Emirates ($7.679 bln) in 2011.

The UNCTAD's report published on Friday says Iran has stocked 32.443 FDI since 1990, while it has put about $2.915 billion direct investments in foreign countries during this period.

Iran put about $360 million investments in foreign countries in 2011, as well.

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