Iran’s Ministry of Economic Affairs and Finance has approved 182 foreign investment projects through its subsidiary, the Organization for Investment Economic and Technical Assistance of Iran (OIETAI).
These projects span across various sectors including oil and gas, renewables, car manufacturing, pharmaceuticals, food, construction, tourism, transport, services, and agriculture.
In a recent meeting, OIETAI approved a new batch of foreign investment applications from investors representing 16 countries, including five European nations and Iranians residing abroad. The total worth of the approved projects is $500 million.
Monthly meetings will continue to be held to review and discuss more foreign investment opportunities.
As Iran aims to attract investors amidst sanctions, the government is actively seeking investments from both the region and global investors, emphasizing the importance of foreign investment and technology for the country’s growth.
MNA/PressTV