Why it matters:
The conference is a pivotal moment for Ardabil Province, positioning it as a key player in Iran's regional economic strategy. With significant investment opportunities across various sectors, Ardabil is aiming to attract foreign and domestic investors to bolster its economic profile.
What he's saying:
Eskandar Momeni emphasized in the openenig ceremony that Ardabil's geographical advantages and extensive border with neighboring countries make it a prime destination for investment.
He described the province as having unparalleled capacities, including active customs, a free trade-industrial zone, and two airports that connect it to regional and international markets.
"Ardabil will become a new center for investment and trade in the region," Momeni declared.
Key points:
- The International Investment Conference in Ardabil outlined the government's vision for regional economic growth.
- 304 investment opportunities were unveiled at the conference, including projects in phosphate fertilizer production, greenhouse agriculture exports, and industrial goods manufacturing, collectively valued at over 250 trillion rials.
- The investments are expected to create 22,000 jobs, underscoring the region's potential for large-scale economic development.
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