News ID: 14951
Published: 0738 GMT November 05, 2014

Official: Foreign investors rushing to Iran

Official: Foreign investors rushing to Iran

Major foreign investors and famous brands are expected to come to Iran in the coming months, an economic official said.


Kourosh Taherfar, the deputy head of the Organization for Investment Economic and Technical Assistance of Iran, told Iran Daily that the main reason for the remarkable increase in foreign investment in the past year is the policies adopted by the government.

Taherfar noted that the 'positive trend' in the nuclear talks between Iran and the world powers has also encouraged foreign companies to invest in Iran and more companies would rush to the country once anti-Iran sanctions are lifted following a final nuclear agreement.

“Currently leading companies are studying Iran's market and contacting us for investment,” the official said.

Taherfar said visits by foreign leaders and ministers, particularly Europe, to Tehran over the past year have sent positive signals to their private companies about investment security in Iran.

“Investment in Iran will be highly beneficial to Western countries since Iran is among the countries with huge capacities for attracting investors,” he noted.

The official added that qualified workforce, resources, abundant natural resources, and accessible network of roads and railways are among the features that make Iran favorable for investment.

“Moreover, Iran's investment rules and regulations are explicit and do not exclude foreign investors from advantages extended to domestic investors. Foreign investors are given even more privileges,” Taherfar said.

The official said Iran’s economic conditions are improving and 'political animosity' will only be more harmful for Western countries.

“Western countries want to prevent losses by establishing their presence in Iran,” he concluded.

Moreover, Director General for foreign investment office of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) Abolfazl Koudeie said on Wednesday that the presence of foreign investors in Iran is growing.

Speaking to reporters, he added that presence of the foreign investors' delegations in Iran has increased eight times more than the previous years.

Koudeie said that government has done its best to facilitate foreign investment and has removed many of their concerns.





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