News ID: 200498
Published: 1032 GMT September 13, 2017

President stresses importance of attracting expatriate investment

President stresses importance of attracting expatriate investment

New governors general appointed

Political Desk

Iran’s President Hassan Rouhani stressed the importance of attracting investments by Iran’s expatriates and foreigners to accelerate the country’s development.

The obstacles on the way of investment by expatriates and foreigners as well as hindrances to attracting private sectors should be removed, Rouhani said at the cabinet session held on Wednesday morning, IRNA reported.

Rouhani also called for turning the economic growth in the country into “tangible economic growth.”

“According to the figures of the first three months of the current [Iranian] year, we have been on the right track; therefore, we must attempt to have a tangible economic growth in the country.”

“Production and economic prosperity in the provinces must rely on the provinces’ potentials, and the governor generals can remove the obstacles to show the best performance in attracting investment and creating employment and economic growth,” the president added.


New appointments


Also on Wednesday, seven new governors general were appointed by the government during the cabinet session.

“Accepting a responsibility like governor general, who is the highest-ranking governmental official in the provinces, is undoubtedly a heavy responsibility,” said the president.

“Our legitimacy comes from the people’s votes; that means 24 million votes are considered the legitimacy of the administration, and 42 million others [the total who voted] indicate the legitimacy of our Islamic establishment,” Rouhani said.

“People voiced their wishes and demands during the elections in various circles and gatherings, and we must pay more attention to these demands in managing the provinces.”


Pursuing policy of “moderation”


The president stressed the need for pursuing a policy of moderation by governors general and all authorities in different managerial levels.

He also urged all governors general in the provinces to make selections based on merit.


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