(Persia Digest) – The Head of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) has announced that the Organization has been eliminating obstacles and paving the way for foreign investors.

Ahmad Jamali explained: “Permits for investment in Iran are issued within two to three weeks of application date at no cost. Investors can also apply online without referring to OIETAI.”

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Speaking about securing foreign investment in Iran, he said: “If the risk investment is defined and needs support, the Iranian government will officially guarantee the investment so that foreigners are not worried about this.”

Jamali added that every business faces two economic and political risks: “The economic risks are insured and all political risks are also covered by the Iranian government.”

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Jamali underlined: “No limits have been defined for shares, or ceiling and floor levels for investments. Investment in every project depends on its own requirements. These conditions facilitate investment in Iran.”

He reiterated: “Iran’s economy has much place to flourish in the region. We have tried to facilitate conditions and lower risks to attract foreign investment.”

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