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Iran Attracts Over $3.4bln in 10 Months

Source: www.export-egypt.com 5/21/2016, Location: Asia

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Government Spokesman Mohammad Baqer Nobakht announced that Iran has attracted over $3.4 billion of foreign investment in less than one year.

"We have managed to attract $3.481 billion of investment from foreign investors since July 14, 2015 when Tehran and the six world powers (the US, Russia, China, France, Britain and Germany) signed a nuclear deal," Nobakht said.

The Iranian government spokesman said that the huge investment has been made in a sum of 41 projects across the country.

In December, Iranian President Hassan Rouhani underlined that his government is resolved to expand its economic and trade ties with the world countries.

"The government has based its policy on broadening economic (and trade) relations with the world," President Rouhani said.

In January, Iranian Minister of Economy Ali Tayyebnia said the country's lucrative market, low price energy, talented people, rich resources, and supportive rules and regulations have provided very good chance for investors, specially foreigners to invest in Iran's development projects.

Tayyebnia said Iran’s National Development Fund enjoys extensive financial resources and is to extend full support for foreign investors who are intending to invest in Iran.

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