TEHRAN, Iran, Apr.14
Trend:
Foreign investments in Iran's industrial, mine and trade sectors have increased in the last Iranian year (started March 20,2020) by 189 percent, compared to 2019, Trend reports via IRNA.
Statistics released by the Ministry of Industry, Mine and Trade shows that foreign investment in these sectors was $2.4 billion, put into 158 projects.
About 90.5 percent of projects were industrial (143 projects), 5.1 percent of investments were for trade projects (8 projects) and 4.4 percent of the assets were invested in mine projects (7 projects).
Foreign investments in chemical products resulted in $578 million, steel production - $313 million, paper-related products - $285 million, and $280 million was invested in transportation and supportive activities.
Afghanistan invested in 47 projects in Iran, Turkey - 14 projects, China and Germany - 12 projects and the UAE - 10 projects.
Most of foreign investments fell on Khuzestan Province (26 percent), following by Sistan and Baluchestan Province (23 percent), Fars and Hormozgan province (19 percent), East Azerbaijan Province (13 percent).