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Iran Approves $7 Billion in Foreign Investments Across Multiple Sectors

Tehran: In a meeting held by the Organization for Investment, Economic, and Technical Assistance of Iran, foreign investments totaling $7 billion were approved across various sectors.

According to Islamic Republic News Agency, the approved investment proposals encompass a wide range of fields, including agriculture, fisheries, renewable energies, automotive industry, chemical and polymer industries, mining, pharmaceuticals, housing, tourism, international transportation, and services.

The 80 requests approved were submitted by companies from Oman, Germany, Canada, India, China, Russia, Turkey, the United Arab Emirates, Azerbaijan, Armenia, Iraq, Pakistan, Afghanistan, as well as Iranian expatriates.