Tag Archives | Foreign direct investment (FDI)

Iran Considers Plans to Simplify Investment

Iran’s President Hassan Rouhani, Parliament Speaker Ali Larijani, and Judiciary Chief Ayatollah Sadeq Amoli Larijani discussed the latest domestic and international developments in a meeting in Tehran, and weigh up plans to facilitate the process of investment in the country. The heads of the three Iranian branches of power met at the Parliament building on […]

Over 100 Projects Planned in Tehran for Foreign Investors

Tehran Mayor Mohammad Ali Najafi highlighted efforts to attract foreign investments to develop the Iranian capital, saying more than 100 mega projects are being planned to be carried out with foreign investments. Najafi said his key vision for Tehran is to bolster exchanges and contacts with leading cities of the world in finance, entrepreneurship, manufacturing […]

Conditions Favorable for Foreign Investors in Iran: MP

A member of the Iranian parliament said there are no legal barriers for foreign investors in Iran, adding the country enjoys favorable conditions for foreign financiers. Speaking on the sidelines of IranPlast international exhibition in Tehran on Wednesday, Javad Hosseinikia said, “Iran is a paradise for foreign investors.” He said the fair offers domestic companies […]

Petchem Development “Impossible” without Tapping FDI

The managing director of a major oil, gas and petrochemical investment company says without foreign direct investments (FDI), implementation of major petrochemical and energy projects in Iran would be impossible. According to IRNA, Mohammad Hassan Peyvandi, managing director of Tamin Petroleum & Petrochemical Investment Company (TAPPICO), underlined the necessity of developing oil and petrochemical industries […]

Investment Opportunities in Iran – UK Govt Report

By John Lee. A new report from the British House of Lords’ Select Committee on International Relations has said that the investment opportunities in Iran are significant, and the UK is already losing potential market share to other European countries that are currently taking advantage of a weak UK presence. The report — The Middle East: […]

FDI Needed for Developing Khazar Oilfields

Iran says foreign direct investments (FDI) would be needed for developing oil fields in Caspian Sea. Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said foreign investors and developers would engage in development of oil and gas fields in the Caspian Sea in the wake of the eased sanctions on Tehran’s economic […]

Foreign Oil Firms Presence Positive for Iran Petroleum Sector

Iranian Minister of Petroleum Bijan Zangeneh said presence of foreign developers in oil and gas projects in Iran would ensure economic stability and development in oil industry while keeping the enemies away. Addressing the Parliament on Sunday, the official said Iran can already cooperate with a limited number of foreign firms in oil projects; a […]

Germany Supports Transfer of New Technologies to Iran

A German deputy foreign minister has given an assurance that the government would support the process of transfer of new technologies to Iran through private sector investment. German companies in diverse industrial fields are eager to invest in Iran on the basis of transferring new technologies, and the Berlin government backs this process, State Secretary […]

Germany Offers to Invest $12bn in Iran’s Oil Industry

Germany’s major oil and petrochemical companies, including BASF, have expressed their willingness to invest a total of $12 billion in the Iranian oil sector. The Chemical company BASF, whose managing director paid an official visit to Iran last year as a member of a delegation accompanying German Economy Minister Sigmar Gabriel, has offered to invest […]

Iran Seeks Foreign Investment for 25 Petchem Projects

Iran is seeking to encourage foreign investment to build 25 petrochemical projects, an official with Iran’s National Petrochemical Company (NPC) said. The NPC is proposing joint or individual investor participation in building the projects, Farnaz Alavi, NPC’s director for planning and development said on Saturday, according to Shana. Providing feedstock for five more projects was […]

Iran Expects Six-Fold Rise in Foreign Investments

A member of Tehran Chamber of Commerce said the number of foreign direct investment projects in Iran is expected to increase six-fold by next March. Foreign investments in Iran for each Persian calendar year (starting 21 March) stood at about $2 billion, Feriyal Mostofi said. He added that once contracts between Iranian and foreign firms […]

MACMID seeks up to $4bn for Copper, Steel Projects

A private Iranian company is seeking joint venture partners to help develop copper, steel and other projects in the country, according to report from Reuters. Managing director Ebrahim Sadeghi of Mahan Company for Mines and Industries Development (MACMID) said on Tuesday: “We are looking to bring in international partners to jointly develop local deposits … […]

FDI-Funded Solar Farm being Built in Shiraz

Iran is to build a solar power plant near the southern city of Shiraz with its budget supplied by foreign direct investment (FDI). Director General of economic and financial affairs of Fars Province Babak Daei has said the project is one of the 4 initiatives funded by foreign capital in the province. He said a […]

Iran to Ink Oil Contracts Worth $10bn by End of March

New oil contracts worth 10 billion dollars are expected to be signed in remaining half of the current Iranian calendar year (began March 20, 2016), the deputy petroleum minister said. Amir Hossein Zamaninia made the remarks on the sidelines of a ceremony for inking a cooperation document between Iran’s National Petrochemical Company (NPC) and the […]

Iran Attracts $1.7bn in Foreign Investment in 5 Mths

An Iranian deputy minister of economic affairs and finance announced that over the past five months, the country has attracted nearly $1.7 billion dollars in foreign investment. Speaking to reporters in Tehran on Wednesday, Seyed Hossein Mirshojaeean Hosseini said that during the first five months of the current Iranian year (which began on March 20), […]

Grounds Provided for Foreign Investments in Iran: Speaker

Iranian Parliament Speaker Ali Larijani highlighted recent influx of foreign investments in the Islamic Republic, saying the grounds are provided for further investments from other countries. “More than $60 billion have poured (into Iran) from other countries like Russia, which can be used for the prosperity of the country,” Larijani said in a speech in […]

$4.1bn of Foreign Investment under Rouhani

An Iranian official said the country has absorbed over $4 billion in foreign investment since President Hassan Rouhani took office in August 2013. Iran has drawn in $4.1 billion of foreign investment into its different sectors under President Rouhani, Ali Yazdani, an Iranian deputy minister of industry, mine, and trade, said at a meeting in […]

Iran Expects $25bn in Oil Contracts Within 2 Yrs

By John Lee. The managing director of the National Iranian Oil Company (NIOC) has said that Iran expects foreign oil companies to sign deals valued at $25 billion over the next one to two years, following last week’s approval of a new contract model. Ali Kardor told Shana that the NIOC has identified 34 foreign […]