Iran approves foreign investment plans

Iran’s deputy finance and economic affairs minister, Behrouz Alishiri, has announced that the country has approved foreign investment plans involving copper mining, float glass production, medical equipment manufacturing, car parts manufacturing, and fish farming.

Iran has, according to the country’s deputy finance and economic affairs minister, Behrouz Alishiri, approved foreign investment plans, worth USD 54 million. The eight new investment plans recently approved regard copper mining, float glass production, medical equipment manufacturing, car parts manufacturing, and fish farming.
Foreign investments in Iran rose by 45% in the past Iranian calendar year – which ended on 20 March – compared to its preceding year.
Iran has initiated three plans to attract more foreign investment in the current year, Alishiri said.
The plans, which will be launched by the next two months, include restructuring the organization for foreign investments, implementing a unified window platform for investments, and offering incentives to investors, he added.
Iran’s fifth five-year economic development plan ends in 2015.