TEHRAN- During a conference titled Iran Investment Opportunities, which was held prior to Iran Invest Expo, it was stated that 30 countries have announced their readiness to invest in Iran.
In the Iran Investment Opportunities Conference, 107 representatives and investment delegations from 30 countries announced their readiness to invest in Iran, the Public Relations Department of Iran’s Trade Promotion Organization (TPO) reported.
As reported, the event was held at Persian Gulf Hall of the Tehran Permanent International Fairground, participated by Mahmoud Bazari, the director-general of trade promotion office of the TPO, Mohammad-Reza Qaderi, the organizer of Iran Investment Opportunities Expo, some officials, and representatives of the Expo Strategic Council.
Addressing the conference, Bazari pointed to the postponement of Iran’s investment opportunities exhibition and said the holding of this exhibition coincided with the transfer of the government and the change of managers and companies, and this had an impact on the holding of the event.
He expressed hope that the expo will be held in early February 2025 with the presence of domestic and foreign investors.
“In recent years, we have faced problems in the financing in various economic sectors, therefore, the 14th government has included the attraction of foreign investment among its plans and priorities, and we hope to provide the opportunity for investment in this government”, the official emphasized.
Addressing the same gathering, the organizer of Iran Investment Opportunities Expo pointed to the difficulties of attracting investment in the economy, and said the cruel sanctions increased the risk of foreign investment in Iran, but in the past years, positive measures were taken to amend the laws and grant some facilities, therefore the process of attracting investment in Iran has been growing.
Stating that public calls for attracting foreign investment are not made, he said the first goal of holding the Iran Investment Expo is to announce an international call to attract foreign investors and introduce Iran as an investable country.
Emphasizing that investment opportunities require economic analysis, Qaderi continued: “Presenting Iran’s attractive appearance to foreign investors requires that we introduce a wide range of investment opportunities correctly and in the form of necessary standards.”
In the end, he said: “TPO is one of the arms of holding this exhibition and made good efforts to introduce this exhibition through commercial attachés and business centers. Finally, 30 countries introduced 107 investment representatives and delegations to us, and after the investigations, we concluded that they are willing to make more than 7.2 billion dollars of investment in Iran.”
SOURCE: TEHRAN TIMES
