Why it matters:
Attracting foreign investment is seen as crucial for boosting Iran's economy, enhancing healthcare, and generating significant foreign earnings.
What he's saying:
Deputy Minister and Head of the Organization for Investment Economic and Technical Assistance of Iran outlined the economic capacities and investment opportunities available in Iran, highlighting the structures and legal frameworks designed to support foreign investors. Kodehei stated that attracting foreign investment is crucial for financing projects and enhancing the net working capital (NWC) of enterprises.
Key Points:
- There is a strong emphasis on the necessity to accelerate and facilitate processes, enhance the business environment, and eliminate cumbersome regulations to attract foreign investment.
- The discussion highlights the legal protections offered by the Law on Encouragement and Support of Foreign Investment, which aims to create a systematic framework for foreign investment in Iran.
- Iran is fully ready to provide comprehensive services to foreign investors, including introducing investment opportunities and streamlining processes.
- To assist foreign investors through investment service centers across provinces, ensuring they have access to necessary resources and information.
Go deeper:
Iran seeks significant foreign investment under Raisi's administration
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