KABUL (SW) – Figures released by the Ministry of Industry, Mining and Trade of Iran suggests investors from Afghanistan have had the largest number of foreign investment projects in the country this year.
According to the figures Afghans top the list with of foreign investment in Iran in the first six months of the current year with 30 investment projects worth 149.8 million dollars.
In this recently published report, the figure of foreign investment in Iran has decreased from 2 billion 200 million dollars in the first half of last year – 1400 – to 384 million dollars in the same period of this year.
According to the data of this report, China with 75.5 million dollars, Turkey with 44.8 million dollars, India with 33.8 million and the United Arab Emirates with 20.9 million dollars of investment are in the next ranks.
In terms of the number of approved investment projects, after Afghanistan, the United Arab Emirates with 9 projects, Turkey and Iraq with 6 projects each, and China with 5 projects are in the next ranks.
Although in the past years, the Iranian government has tried to encourage foreign investors to invest in this country by simplifying the process of granting residence but apparently, this plan has also gone nowhere.
The closed socio-political structure and international sanctions on Iran have made foreign investors reluctant to invest in this country.
ENDS
