Iranian holding attracts €1.5B foreign investment
Tehran, Iran, November 14
By Mehdi Sepahvand – Trend:
Iran’s Ghadir Investment Holding has attracted 1.5 billion euros foreign investment in oil, gas, petrochemicals, minerals, and power plants.
These are the investments that have been finalized, but there are more over which negotiations are being held, the company’s CEO Qolamreza Soleimani said, Mehr news agency reported.
Talks are being held over another 1 billion euros investment which will hopefully be added to the existing finalized amount, he said.
Soleimani further explained that the LC for South Aluminum project worth $1.2 billion has been opened. "We hope to reach the desired outcome through a 27-month schedule," he added.
Elsewhere in his remarks, Soleimani said his company is in talks to enter the London exchange market.