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  • 12-09-21

    Iran: Rate of foreign investment attracted by industrial, mining sectors reaches USD388M

    (MENAFN)During the first five months of this Iranian year, the rate of foreign investment attracted by the Iranian industrial and mining sectors amounted at USD388 million accounting for 80 percent of the total investment attracted in the mentioned time span.

    According to IRNA, 68 foreign investment projects worth 485 million were approved in the stated period, showed the latest data released by the Industry, Mining and Trade Ministry.

    Among the total number of investment projects in the stated months, 97.9 percent was the share of the industry sector, 2.1 percent was the share of the mining sector, as trade-related projects did not attract any foreign investment, data added.

    The highest rate of foreign investment approved in the industry, mining, and trade sectors in the period under evaluation was in the categories of home appliances and communication devices, chemical products, base metals, paper, and paper products.

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