Iran registers new record high in foreign direct investment
The chairman of Iran’s Organization for Investment & Economic and Technical Assistance (OIETA) said on Sunday that the net FDI attracted to Iran in the past calendar year had reached a total of $5.5 billion.
Iran saw a new record in foreign direct investment (FDI) in this year in the Iranian calendar until late March despite sanctions imposed by the United States, he added.
Ali Fekri said the figure was a record in the 16-year history of the OIETA, adding that the organization had issued permits for other FDI projects but they were removed from the tally because investors had failed to bring funds into the country.
Fekri said that another $2.5 billion worth of foreign investment had been attracted to Iranian projects over the past calendar year which were not authorized or registered by the OIETA.