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  • 01-08-22

    Iran agrees on USD131M of foreign investment in mining, trade, industrial areas

    (MENAFN) IRNA mentioned in a report that ministry of Industry, Mining and Trade has agreed on 52 foreign investment ventures worth nearly USD131.5 million in the opening four months of the ongoing Iranian calendar year (March 21- July 22).

    In line with the most recent data issued by the ministry, Of the whole figure of investment ventures in the present year’s four-month span of time, 84 percent was the share of the industry area, 10 percent was the stake of the mining area, whereas trade-related ventures accounted for six percent of the entire number.

    Out of the 52 cases of foreign investment in the stated areas, 15 cases had 100 percent foreign investment, 29 cases were mutual projects and eight cases were in the form of civil partnership, mutual sale, or build-operate-transfer (BOT).

    The biggest capacity of foreign investment agreed on in the industry, mining, and trade areas in the 4 months’ period under review was in the categories of basic metals, manufacturing of transportation equipment, as well as chemical products.

    MENAFN01082022000045014228ID1104623820

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