Iran to see more foreign investments

25 January 2013 - 1:22pm


Iran received $4.15 billion of foreign investments in 2011 and $1.15 billion in 2012 (0.24% of the GDP).

The Economist says that Iran will receive $1.23 billion of foreign investments (0.23% of the GDP).

Investments will increase to $1.3 billion (0.22% of the GDP) in 2014, $1.8 billion in 2015 and 2016 (0.26% and 0.23% of the GDP respectively) and $2 billion in 2017.


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Sep 2 2014 - 08:29
Viollah Aframirad, the head of the Iranian Organization for Export Development, said today that new investments in the economy would boost non-petroleum industry and exports, reports.He noted at the inter-governmental commission of Iran and Venezuela that the government of Iran has passed programs to promote foreign investments, Free and special economic zones, tax relief and a simplified visa regime are efficient means of achieving the goal.Foreign manufacturers planning to export 30% of products produced in Iran will have 50% tax relief.
Aug 28 2014 - 13:18
Iran has started drilling exploratory oil wells in Golestan Province, according to Ali Osuli, the director general of the Khazar oil company. A tender will be announced to find a contractor for drilling, hopefully by the end of the year, reports.Seismological studies indicate that districts of Golestan have sufficient gas reserves. According to Yusef Etemadi, the director of the department for geological exploration of Khazar, the Iranian National Oil Company pays special attention to exploration and exploitation of fields in areas bordering neighbouring states.
Aug 21 2014 - 14:13
The Iranian Trade Development Organization has trade missions in 11 countries and plans to open 30 more in 19 countries, according to Director of the Organization Valiollah Afhamiral, reports.The Trade Development Organization plans to organize exhibitions abroad and exchange trade delegations. He emphasized that lifting bank sanctions would boost trade with Iran. He expressed hope that the agreements reached between Iran and the Group of Six mediators in Geneva in November 2013 would be remunerative.
Aug 20 2014 - 09:45
Oman and the UAE want to buy Iranian gas, said Deputy Petroleum Minister Ali Majedi. Iranian President Hassan Rouhani reached a related agreement in Oman during his visit in March 2014. Iran will export up to 10 billion cubic meters of gas annually for 25 years, reports.At current gas prices, the deal should cost about $60 billion.Majedi did not clarify the volumes of gas exports to the UAE. In his words, Oman and the UAE need less gas than Iraq and Turkey.
Aug 19 2014 - 13:19
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