Arab Today, arab today foreign companies keen to enhance investment in iran stock market
Last Updated : GMT 13:41:08
Arab Today, arab today
Arab Today, arab today

Foreign companies keen to enhance investment in Iran stock market

Arab Today, arab today

Arab Today, arab today Foreign companies keen to enhance investment in Iran stock market

Managing Director of Iran Industrial Investment Company Reza
Tehran - FNA

Managing Director of Iran Industrial Investment Company Reza Soltanzadeh underlined that Iran's lucrative market has persuaded so many economic activists worldwide to apply for more investment in the country's Stock Exchange.
Soltanzadeh said Russian investors have voiced their readiness to inject 200 million euros into Iran’s stock market while investors from Britain, France and Germany have applied for investments above 150 million euros.
Australia and Norway have each applied for more than 100 million euros, Greece for 50 million euros and Arab countries for sums varying between 30 and 50 million euros.
“We have received serious requests from investment funds in Russia, Britain, France, Germany, Greece, Norway, Australia and Arab countries for entry into secondary markets,” said Soltanzadeh.
Last week, an Iranian official said the country plans to attract more domestic and foreign investors.
"Foreign investment would help us meet financial needs, transfer technology, increase tax revenue, boost exports and production and be able to create more jobs," Head of Iran's Organization for Investment and Economic and Technical Assistance Mohammad Khazayee said.
Khazayee said that supporting domestic investors is also important as they implement infrastructural and fundamental projects which are the significant advantages of a country to attract more international investment.
Iran, on many occasions, has underlined that it has paved the way for attracting more investments in its ports, free trade zones, and development projects.
Meantime, so many foreign countries and international companies have voiced their enthusiasm for investing in the country's projects.

 

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