Iran Press/ Iran news: The 285th session of the Foreign Investment Board, and the third under the current government, was chaired by Deputy Minister Ali Fekri, head of the Organization for Investment, with the participation of various government bodies, including the Ministry of Foreign Affairs, Central Bank, and representatives from key sectors like transportation, energy, industry, and agriculture.
In this session, 68 foreign investment requests were reviewed, with 63 approvals across diverse sectors such as oil and gas, renewable energy, automotive, pharmaceuticals, food production, tourism, and agriculture. The investments, valued at $500 million, come from countries including Germany, Canada, China, Russia, Spain, Turkey, and Iranian expatriates.
The board holds monthly sessions to streamline the approval process for foreign investment projects.
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