Tag Archives | Foreign direct investment (FDI)

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 […]

VP: Foreign Financing in Iran Facilitated by JCPOA

The Joint Comprehensive Plan of Action (JCPOA) has eased Iran’s access to foreign financing for major projects in the country, First Vice-President Eshaq Jahangiri said, adding that agreements to receive $12 billion in foreign funds have been finalized. Addressing an economic meeting on foreign fund reserves on Monday, Jahangiri said the JCPOA, the nuclear agreement […]

Chinese Direct Investment in Iran up 20%

By John Lee. The General Manager of the Iranian Investment Organization has said China’s direct investment in Iran has increased by 20 percent. Mohammad Khazaei told the Iran and China Investment and Business Opportunities Forum that Chinese companies have invested $2.3 billion in Iran since 2013. The Deputy Minister of Economic Affairs and Finance added […]

Cabinet Backs Iran-Hungary Investment

The Council of Ministers convened on Sunday in a session that was chaired by President Rouhani and approved the bill on mutual support of investment between the governments of Iran and Hungary. The bill will now be forwarded to the Islamic Consultative Assembly for ratification. Strengthening economic cooperation in order to achieve mutual interests of […]

Industry Ministry attracts $2bn FDI in 100 Days

Iran’s Industry Ministry Attracts $2bln in Foreign Investment in 100 Days: Minister Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said his ministry has managed to attract $2 billion in foreign investment (FDI) during the 100 days since the 12th administration came into office. In remarks released on Saturday, Shariatmadari hailed the growing trend […]

Iran Eyes Turkish Investment in Oil, Gas Industry

Iran’s Parliament speaker voiced the country’s willingness to attract investment from Turkey in the oil and gas industry, saying economic activists from the neighboring state could also seize the opportunities available in Iran’s railroad and aviation sectors. In a meeting with his Turkish counterpart on the sidelines of a counterterrorism conference in Islamabad on Monday, […]

Iran welcomes Chinese Private Investors in Oil Projects

Iranian Minister of Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy sector, calling on Chinese private investors to finance petroleum projects in Iran. Speaking at a meeting with visiting Wang Yanguo, Chairman of the Presidium, Vice President and Secretary General of China International Chamber of Commerce for the Private Sector (CICCPS), […]

Imprudent Foreign Financing could Jeopardize Economy

By Navid Kalhor, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Facilitating foreign financing has been among the top items on Iranian President Hassan Rouhani’s agenda since the signing of the nuclear deal in 2015. Under the current circumstances, with domestic lenders grappling with a credit […]

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 […]