Foreign Investment

Chinese-Filipino consortium to invest $7bn in Iran

TEHRAN, Aug. 06 (MNA) – Iran has reached an agreement with a consortium of Chinese and Filipino firms under which the consortium will invest up to $7 billion in a project related to the country’s petrochemical industry.

Velayati:

Russia ready to invest up to $50bn in Iran’s oil sector

TEHRAN, Jul. 12 (MNA) – Oil cooperation between and Russia can be boosted to some $50 billion and Moscow has expressed readiness to make this investment, said Iranian Leader's senior adviser Ali Akbar Velayati on Thursday.

Energy min.:

Iran expects €4bn foreign finance for water, electricity projects

TEHRAN, Jun. 19 (MNA) – Energy Minister Reza Ardakanian said Tue. that Iran expects €4 billion foreign finance from international development banks to fund the country’s water and electricity projects.

Larijani:

Measures taken to ease investment after US pullout

TEHRAN, Jun. 12 (MNA) – Iran’s Parliament Speaker said Tue. that certain measures have been taken to tackle the problems facing investment in Iran after the US pullout from the nuclear deal and the reinstatement of sanctions.

Nemati:

Iran to seize Total’s investment revenues if it abandons project

TEHRAN, Jun. 11 (MNA) – A member of Parliament’s Energy Committee said Mon. that Iran would seize Total’s investment revenues if the French company fails to return to the South Pars project before the deadline.

Foreign investment in Iran rises by 50% in 2017: UNCTAD

TEHRAN, Jun. 09 (MNA) – The recently issued annual report of the UNCTAD indicates that Iran has managed to attract over $5 billion in direct foreign investment, showing a 49 percent increase compared with 2016.

EIB rejects EU proposal to work in Iran under US pressures

TEHRAN, Jun. 06 (MNA) – The European Investment Bank (EIB) has backed away from previous plans to support European businesses in Iran due to US economic sanctions against Iran.

Oil min.:

Total has 2 months for negotiations with US over sanctions exemption

TEHRAN, May 30 (MNA) – The Iranian oil minister said Wed. that the French company Total has two months to negotiate with US over sanctions exemption in a bid to remain in Iran's South Pars 11 Phase development project.

London to protect European businesses in Iran: UK foreign secretary

TEHRAN, May 14 (MNA) – British Foreign Secretary has said that the UK will try to protect European companies’ investment in Iran against US sanctions.

PSCECI special issue prepared for public sale

TEHRAN, Apr. 24 (MNA) – The special issue of the ‘Parsian Special Corps of Energy Consumer Industries (PSCECI)’ has been published and is ready for public sale.

Iran Europe’s investment hub

TEHRAN, Apr. 22 (MNA) – Head of the Investment and Consultancy Services at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIM) says Iran can become an ‘investment hub’ for EU countries given its geographical position and large educated work force.

CBI governor calls for strengthening FDI in capital market

TEHRAN, Apr. 03 (MNA) – Central Bank of Iran Governor Valiollah Seif urged responsible officials in the country to provide suitable ways for foreign investors in order to invest capital in the country with peace of mind.

FDI in industry, mine, trade sector doubles: Official

TEHRAN, Mar. 22 (MNA) – Foreign Direct Investment (FDI) in the sector of industry, mine and trade in the past Iranian calendar year in 1396 (ended March 20, 2018) hit $4 billion, showing a considerable growth of more than twofold as compared to the last year’s corresponding period.

Europe not to endanger JCPOA

TEHRAN, Mar. 10 (MNA) – An senior economic advisor to the Netherlands Embassy in Tehran says that the nuclear deal with Iran will never be endangered by Europe as the Europeans have invested heavily in Iran.

Iran chances for foreign finance stand at 50%

TEHRAN, Mar. 10 (MNA) – Following US President Trump’s threats on withdrawing from the nuclear deal, Iran’s chances for attracting foreign finance from major banks stand at 50%, a TCCIMA official told MNA on Saturday.

NIOC:

Iran’s proven oil reserves to increase by 10%

TEHRAN, Mar. 03 (MNA) – Deputy Chief Executive of the National Iranian Oil Company (NIOC) Gholam-Reza Manouchehri said, “results of studies conducted by domestic and foreign companies show that total proven reserve volume of Iranian oil will increase by 10 percent at large.

Zarif meets with Serbia’s deputy PM, trade min.

TEHRAN, Feb. 27 (MNA) – On his visit to Serbia, Iran’s foreign minister met and talked with Serbia’s Deputy Prime Minister and Minister of Trade, Tourism, Telecommunications Rasim Ljajić in Belgrade on Tuesday.

VP calls for domestic, foreign investment in Makran coast

TEHRAN, Feb. 25 (MNA) – First VP Jahangiri on Sun. called on domestic and foreign investors to participate in development plans in Makran coastal strip in southeastern part of country, promising government’s full support.

20 foreign firms eye investing in Iranian lucrative market

TEHRAN, Feb. 24 (MNA) – Chief Executive of Social Security Investment Company Morteza Lotfi said, “presently, a number of 20 foreign companies have voiced their readiness to make huge investment in Iran in various pharmaceutical, oil, gas, petrochemical and cement sectors.”

Iran welcomes FDI wholeheartedly: Jahangiri

TEHRAN, Feb. 20 (MNA) – In an interview conducted with Financial Times a couple of days ago, First Vice President Es’hagh Jahangiri pointed to the Foreign Direct Investment (FDI) and said, “no governmental official oppose with foreign investment in the country, so that the government will make its utmost effort to materialize objectives of this comprehensive plan within the framework of rules and regulations.”

FM spox:

McMaster’s remarks sign of US failed Iranophobic policy

TEHRAN, Feb. 18 (MNA) – Iran FM spokesman has reacted to recent US national security adviser’s remarks in Munich Security Conference on Saturday, saying that those words were part of US failed policy of Iranophobic.

Indians to invest $2 billion in Iran's port, railways

TEHRAN, Feb. 17 (MNA) – Iran's Minister of Roads and Urban Development, who is accompanying President Rouhani on his trip to India, announced on Saturday that Indians have expressed their initial agreement to invest $ 2 billion in Iran’s ports and railways.

Iran approves $9.7bn FDI during post-sanctions

TEHRAN, Feb. 14 (MNA) – Iranian Minister of Industry, Mine and Trade Shariatmadari approved that industry, mine and trade fields have exclusively attracted more than $9.7 billion foreign direct investment (FDI) during post-sanctions era.

Chinese company designs 3rd part of Tehran-Shomal Freeway

TEHRAN, Feb. 6 (MNA) – The Chinese company Qingdao announced on Tuesday that they have designed the third part of Tehran-North of Iran Freeway, adding they have been working on the huge project since six months ago.

Economy min.:

Iran attracts $12bn foreign investment since New Year

TEHRAN, Feb. 6 (MNA) – Iran’s economy minister said that during the past 10 months of Iranian year (beginning on March 20) Iran has attracted $12 billion worth of foreign investment.

Pakistani investors mull over investing in SSICI companies

TEHRAN, Feb. 05 (MNA) – The executive officials of Social Security Investment Company of Iran (SSICI) held a joint meeting with a group of Pakistani investors.

Croatia eyeing investment opportunities in Iran

TEHRAN, Feb. 05 (MNA) – Stribor Kikerec, Croatian Ambassador to Tehran, told the Iranian lawmaker that Croatian companies are enthusiastic about investing in Iran’s energy and infrastructure sectors.

Shiraz to use foreign fund to open ME’s largest lab

TEHRAN, Jan. 28 (MNA) – According to the head of Association of Entrepreneurs of Fars province, the largest laboratory of Middle East will open at Shiraz University with the help of foreign finance.

Pres. Rouhani sends Iran-Hungary BIPA to parliament

TEHRAN, Jan. 22 (MNA) – Iranian President Rouhani handed the bill of bilateral investment promotion and protection agreements between the governments of Iran and Hungary to the Iranian parliament on Monday.

JCPOA base for Iran-Europe expansion of ties: Pres. Rouhani

TEHRAN, Jan. 20 (MNA) – New Polish Ambassador to Tehran Jarosław Marcin Domański submitted his credentials to Iranian President Rouhani who attached great importance to JCPOA as a base for Iran-Europe relations.