Iran attracts $3.4 bln foreign investment

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News code : ۳۷۰۳۱۰

Director of Iranian Management and Planning Organization Mohammad-Bagher Nobakht said Iran has attracted $3.4 billion foreign investment after the Joint Comprehensive Plan of Action (JCPOA) between Iran and P5+1.

“In less than 4 months after implementing the JCPOA, there has been $3.418 billion foreign investment in the country,” he said.

He noted that Iran is determined to activate passive unites in the country through private investment.

Nobakht continued that Iran is after economic growth annually in the 6th development plan.

He continued that Iran would concentrate on certain issues in the 6th development plan, which include water, environment and retirement funds.

East Asian nations are scrambling to boost economic links with Tehran after the country reached a nuclear agreement last year.

China’s President Xi Jinping visited Iran in January and Japan signed an investment treaty with Iran a month later.

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