|  | 


Iran attracts $6bn foreign investments for building new power plants

Tehran, Aug 25, Iran has attracted some $6 billion of foreign investments for construction of new power plants, the managing director of Iran's Thermal Power Plants Holding Company said on Friday.

Mohsen Tarztalab said that the contracts for these investments were signed after the implementation of Iran nuclear deal between Tehran and the six world powers.

Foreign investment for construction of power plants had been declining before Iran nuclear deal was signed, Tarztalab said.

He expressed hope that these projects will become operational as of next year.

Source: Islamic Republic News Agency

The iran News Gazette is mainly concerned with news and information about the Arab region and also covers international issues. Its main objective is to provide reliable and verified information on the Arab region for publishing on the digital landscape.