$7bn of Foreign Investment Approved Last Year

According to the Organization for Investment, Economic and Technical Assistance of Iran, the total value of projects approved by the organization last year (1394) was close to $7 billion.

A total of 14 projects, mainly related to the power generation, automotive and mining industries worth of over $2.6 billion, were approved by Foreign Investment Board in Esfand last year.

Construction of an 880 MW power plant in Sistan-Baluchistan province, another 880 MW plant of Sahand Bonab in East Azerbaijan province, a solar power plant in Zanjan province, a 50 MW wind power plant in Sistan and Baluchestan, a 500 MW power plant of Omidiyeh in Khuzestan province, two solar power plants in Hamedan province, a steel production plant with FINEX-CEM technology, and several other industrial projects in various provinces are among the projects approved by the board.

(Source: MEFA)

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