Iran plans to put out a major tender to draw USD12 billion of foreign investment for development of a series of utility-scale renewable energy projects.
More positive signs on the prospects of Iran’s post-sanctions business environment are emerging as experts say the country has taken measures to encourage foreign investors to target 12 special sectors.
A senior Iranian official has invited Luxembourg’s businessmen to put their money into the exploration of Iran’s mineral wealth.
Iran says the global rating agency Fitch has recently visited the country in light of the growing interest of banks and businesses in its post-sanctions investment opportunities.
A report from the Organization for Economic Co-operation and Development (OECD) has ranked Iran’s risk rating at 6, one down from previous ranking.
Things are improving in Iran and the private sector is keenly working with the government in order to improve the business environment.
Pedram Soltani, vice president of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), attended SPIEF-2016 and discussed Iran’s new investment opportunities.
French carmaker PSA Peugeot Citroen says it has signed a final agreement with Iran Khodro to form a joint venture to produce vehicles in Iran.
The Financial Times says the latest figures show that the volume of Foreign Direct Investment (FDI) in Iran has reached the highest level in years following the removal of sanctions against the country in January.
Iran’s over-the-counter (OTC) market, known also as Fara Bourse, has attracted two trillion rials (about USD57.7 million) in foreign investment so far in the current Iranian calendar year (started March 20).