February 21, 2018 11:05
News ID: 1267

(Persia Digest) - Published statistics on the process of attracting foreign direct investment during the first nine months of this year indicate that Afghanistan with sixteen projects, Turkey with six projects, China and Germany each with five projects, and France with four projects rank first in injecting money to Iran’s industry, mining and trade sector.

According to statistics published by the Ministry of Industry, Mine and Trade, the United Arab Emirates, Azerbaijan, Iraq, and South Korea, each with three projects, are in the next places in bringing capital to Iran. However, in terms of volume of investment, Germany, Ireland and China rank first to third.

In Iran’s Sixth Development Plan, the annual growth rate is predicted to be 9%; a goal-setting that requires more than $ 20 billion in investment per year. This is while the latest figures show that total approved investment from the beginning of the year to the end of the ninth month, has been more than $ 2.7 billion for 58 projects in industry, mining and trade sector. This amount, according to economic analysts, will delay the implementation of the Sixth Development Plan considerably.

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