Iran greenlights 90 foreign investment proposals valued at $617m
Iran’s Foreign Investment Board approved 90 proposals worth $617 million during the first two meetings of the panel in the current Iranian year, which began on March 21, state media reported.
According to Tasnim news agency, the board approved 50 investment projects worth $491 million at its 305th meeting, which was the second session of the year.
During the meeting, the board reviewed 55 foreign investment applications across various sectors of the economy, including renewable energy production and the construction of solar power plants, food, pharmaceuticals and healthcare, rail and maritime transportation, textiles, services and other industrial sectors.
It ultimately approved 50 investment projects valued at $491 million.
The Foreign Investment Board holds monthly meetings at the investment organization, where numerous foreign investment applications are reviewed and approved.
Iran’s Foreign Investment Board approved 35 foreign investment proposals worth $126 million in its first session of the new year that began on March 21.
The board held its 304th meeting — and the first of the new year — on Monday.
The approved projects involve investors from Germany, Switzerland, Portugal, the Netherlands, China, the United Arab Emirates, Iraq, Oman, Afghanistan, Pakistan, Armenia, as well as Iranians residing abroad.
According to statistics released by the Ministry of Economy and Finance on March 18, the value of foreign investment projects in Iran’s free trade zones rose by 531% in the first 11 months of the last year (began on March 21, 2025), while realized foreign investment grew by 268%.
The ministry said at the time that domestic investment attracted in free zones increased by 125% during the same period, while realized domestic investment rose by 36%. Exports from free zones increased by 14%, and the value of production in these regions grew by 28%.