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Number Seven Thousand Five Hundred and Twenty Nine - 13 March 2024
Iran Daily - Number Seven Thousand Five Hundred and Twenty Nine - 13 March 2024 - Page 2
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Iran approves $450m in foreign investment in 2023: MEAF

The Iranian Ministry of Economic Affairs and Finance (MEAF) said $450 million in foreign investment within the framework of Foreign Direct Investment (FDI) has been approved at the latest session of the Foreign Investment Board.
The foreign investment under FDI was approved in industrial and pharmaceutical fields, foodstuffs, construction, tourism, road construction equipment, urban management, services and agricultural fields, IRNA reported.
At the 278th session of the Foreign Investment Board, foreign investment, costing over $450 million, was approved in different economic fields.
These projects were investigated by investors from various countries, including China, Turkey, Iraq, India, Afghanistan, the United Arab Emirates (UAE), Saudi Arabia, Russia, and Pakistan, as well as Iranians residing overseas.
According to the report, 318 projects, valued at over $5.5 billion, were approved in 2023, showing a considerable hike compared to a year earlier.
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