Feb. 01, 2011
Iran has attracted about $2.7 billion of foreign investments in the first nine months of the current Iranian year (started March 21), director general of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) said, forecasting that the figure would reach $4 billion by the yearend.
"Since last February, some 43 foreign investment plans have been approved with a volume of investment of $3.8 billion. …. I must also refer to the level of absorbed foreign investments in the past few years.
The figure stood at $1,669 million in 2006, about $1,669 million in 2007, about $1,615 million in 2008, about $3,016 million in 2009 and 2,751 million in 2010,” added Behrouz Alishiri, who was talking to reporters, IRNA reported.
He also noted that his organization prepared 359 two-way economic reports, carried out international studies, held 26 economic and commercial working group meetings of the High Council of Expatriates, held 51 specialized meetings with economic activists stationed abroad and attended to 280 problems and requests of Iranians residing overseas.
Alishiri recalled that in the said period $103 million was allocated for Kahir Dam, $138 for supplying water from Kouchari Dam to Qom, $200 million for Qom and Kashan wastewater projects, $84 million for Khamroud Coal Project, $31 million for eastern Tehran silo, $262 million for rural water and wastewater undertakings and $7 million for completing Tehran’s power transmission project within the framework of long-term facilities of the Islamic Development Bank (IDB).
"As a whole, IDB has provided some $826 million of banking facilities for the said projects,” he concluded.