Iran Attracts $10bn in Foreign Investment Post-JCPOA

Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said the country has managed to attract $9.7 billion in foreign investment since the coming into force of the 2015 nuclear deal with six world powers, known as the Joint Comprehensive Plan of Action (JCPOA).

Addressing a festival held in Tehran in support of the country’s industrialists, Shariatmadari said during the post-JCPA era, 244 industrial units have started their work by attracting direct foreign investment.

He also said $9.7 billion in foreign investment has been registered in the country in the mentioned period, 40% of which, amounting to about $3.9bln, has been used in projects across the country.

(Source: Tasnim, under Creative Commons licence)

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