Iran has a high potential for attracting foreign investment
(IRNA) - Iran has a high potential for attracting foreign investment but gets only a small share of the market, said an official of the Domestic and Foreign Investors' Association on Tuesday.
The head of the association, Hossein Salimi, told IRNA that Iran is extremely rich in mineral and raw materials but has managed to attract only USD 3 billion in direct foreign investment (FDI) as against the total of USD 920 billion invested worldwide.
Regretting the meagre amount invested in the country, Salimi believes foreign investors can be encouraged to invest more in the country if there was greater political and economic security, reports Trend.
He said that although domestic security was not a problem in Iran, only a small number of foreign investors find the country attractive for investment.
Salimi concluded by saying he believes resolution of Iran's political problems in the international arena will encourage more foreign investment into the country.