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Rouhani invites foreign investors to inject capital in Iran’s mines sector

Business Materials 28 September 2014 14:32 (UTC +04:00)
Iranian President Hassan Rouhani invited foreign investors and Iranian expatriates to invest in the country's mines sector.
Rouhani invites foreign investors to inject capital in Iran’s mines sector

Tehran, Iran, Sept. 28

By Milad Fashtami - Trend:

Iranian President Hassan Rouhani invited foreign investors and Iranian
expatriates to invest in the country's mines sector.

Rouhani met on Sept. 27 with representatives of the US companies, as well as Iranian expatriates on the sidelines of his visit to New York, Iran's Fooladnews agency reported.

It should be noted that the Iranian president visited New York to attend the 69th Regular Session of the UN General Assembly.

During the meeting the president said that Iranian government welcomes
privatization.

Stressing the high potential of Iran's mines sector, Rouhani said foreign investors are welcomed to invest in different sectors of Iran's economy.

Iran holds three percent of the world's mineral reserves, which puts the
country first in the Middle East and third in Asia.

Iran is ranked among the 15 major mineral-rich countries of the world and
exports its industrial and mineral products to 159 countries, including
Iraq, China, the UAE, India and Afghanistan.

The important mines of Iran include coal, metallic minerals, sand and
gravel, chemical minerals and salt.

Iran has the world's largest zinc and second largest copper deposit and ranks 9th for its iron reserves.

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