Investment grow 113% in Iran's industrial, mining sectors

Tehran (IP) - Official statistics show that investment in Iran's industrial and mining sectors has grown by 113 percent.

Iran PressIran News: Statistics published by the Ministry of Industry, Mine, and Trade of the Islamic Republic of Iran show that foreign investment in the sectors of industry, mining, and trade from the beginning of the Iranian year (starting at March 20) to February 18 has grown 113 percent compared to the same period last year is Iranian.

Germany with $ 481 million, China with $ 433 million, Canada with $ 267 million, Austria with $ 116 million, and Turkey with $ 87 million were the top five countries in terms of "approved foreign investment" value by February 18, respectively.

Afghanistan with 43, China and Turkey with 11, Germany with 9, and India with eight projects in the first 11 months of the Iranian year, respectively, are the top five countries in terms of the number of investment projects in Iran.

The approved foreign investment includes all applications, including investment to create new projects, purchase of shares of existing companies, as well as foreign investment in the form of contractual arrangements.

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