Baku, Azerbaijan, Oct. 17
By Elnur Baghishov - Trend:
According to statistics from the Ministry of Industry, Mine and Trade of Iran, investments worth $580.7 million have been approved for 32 industrial, mining and trade projects since the beginning of the Iranian year (started March 21, 2018) until the end of the fifth Iranian month, IRNA reported.
Earlier, Afrouz Bahrami, director general of the Foreign Investment Office of Iran’s Ministry of Industry, Mine and Trade, said that foreign investments worth $350 million were approved for 23 industrial, mining and trade projects since the beginning of the Iranian year until the fifth month.
According to the United Nations Conference on Trade and Development (UNCTAD) 2017 report, Iran increased attracting foreign investments by 50 percent and brought them to $5.019 billion.