Ground is paved for safe foreign investment in Iran: MP

By Sadeq Dehqan & Reza Abesh Ahmadlou

Staff writers

The ground is paved for safe investment with the guarantee of capital and profit in Iran for foreign investors, announced a member of Civil Committee of the Iranian Parliament.
Pointing to the offered facilitation for Iranians living abroad to invest in Iran, Eqbal Shakeri told Iran Daily that President Ebrahim Raisi has ordered making preparations for foreign direct investment (FDI) in the country.
The role of foreign investment in improving the economy of countries cannot be denied, as the benefits of this issue are visible in categories such as economic growth, job creation, technology transfer, increasing competitiveness, improving financial and human resources.
Attraction of the capital of Iranians living abroad and using their scientific and technical potentials could be considered as one of the examples of attracting FDI, which can accelerate economic growth and improve the GDP of the country.
As experience has shown, there is a desire and tendency to serve and provide technology and investment in Iran among Iranians who live abroad, and they are strongly interested in the progress of Iran.
As the only thing that the officials should do is to set the scene for the quick entry of foreign investment into the country so that foreign investors are encouraged to continue their activities in Iran.
The first step to encouraging foreign investments of Iranians who live abroad for participation in various fields in Iran is to clear the way for their communication with the Iranian bodies, along with having access to their databases, in order to have complete statistics, the MP said.
Referring to the duties of the High Council of Iranian Affairs Abroad, Shakeri noted that 10 specialized working groups have been formed by the council, each group being responsible for laying the foundations for the needs of Iranians abroad by providing operational plans.
He pointed to the necessity of a comprehensive database which should be established for Iranians abroad so that, through it, they can get the required information about how to invest in Iran.
One of the problems for Iranians who live abroad is that, for example, a person who had a legal problem to enter the country does not know if that problem has been completely resolved or not, the lawmaker said.
“Recently, Gholamhossein Mohseni-Ejei, the chief of Iran’s judiciary announced that a system will be established in the judiciary, where Iranians living abroad can inquire about their situation.”
Referring to Iran’s capacity to attract FDI, he said, “We have a large number of skilled workforce and huge resources in the country, which are attractive for any investor.”
Finally, there is no need for us to try to bring the power and capital of Iranians abroad into the country, because we can use their potentials remotely as they can cooperate with us from their country of residence, while using their capacities, the MP concluded.

 

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