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Germany - top investor in Iran following nuclear deal

Business Materials 1 April 2017 15:07 (UTC +04:00)

Baku, Azerbaijan, Apr. 1

By Fatih Karimov – Trend:

German investors stood at the top of the list of foreign investors in Iran, during the period from Dec. 22, 2015 to Feb. 28, 2017, according to the Iranian economy ministry.

During the mentioned period, statistics from the Iranian government put the German investors at the top with $3.962 billion worth of investments (17 projects), followed by Spain ($3.2 billion).

The Iranian administration has authorized $12.048 billion worth of foreign direct investments during the period.

According to a previous report by the Iranian government, covering one year period from Dec. 22, 2015 to Dec. 22, 2016 the Iranian administration has authorized $11.8 billion worth of foreign direct investments for 113 projects in total.

China, France, UAE, Venezuela, Iraq, UK, Netherlands, Turkey, Sri Lanka, Afghanistan, India, Malaysia, Azerbaijan, Cyprus, Barbados Islands, Ireland, Kuwait, Belarus and Oman are among the countries that have made investments in Iran during the mentioned period.

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