Investment in Iran

A number of foreign investors believe that Iran’s agriculture sector is more appealing for them than that of the neighbouring Turkey.

Iran’s first vice president has dismissed recent anti-Iran posturing by the United States, saying “threadbare” accusations against Iran are aimed by Washington at scaring away investors.

An Iranian tourism official announced that facilities as much as $340 million will be allocated to the private sector’s investment in tourism.

Germany’s major oil and petrochemical companies, including BASF, have expressed their willingness to invest a total of $12 billion in the Iranian oil sector.

Iran plans to hold an international conference on development and investment opportunities of Makran coasts, southeast of the country, with the participation of 20 foreign companies.

An Iranian Minister says Iran has attracted $11.3 billion of international investment after the nuclear deal between Tehran and world powers.

Iran says it has started talks with major American and Italian companies to form partnerships with some of its oldest brands of household devices in what appears to be a policy to prevent their demise.

An Iranian official says besides international conferences, Iran’s mining sector needs to work on its imperfect infrastructure and data systems to attract international investors.

Iran’s Foreign Minister Mohammad Javad Zarif provided Japanese business people and merchants with reasons why Iran is a perfectly safe place for investment.

An Iranian cultural official announced that medjool date, world’s first commercial cultivar, has come to fruition in Iran.

Iranian Foreign Minister Mohammad Javad Zarif highlighted the efforts the Foreign Ministry has made during his term to boost the country’s economy, saying foreigners are now queuing up to have trade ties with Iran.

More signs have appeared to show that East Asian countries are interested in Iran’s fish farming business. China has joined South Korea to announce that it is planning to invest $3 billion in Iran’s fisheries.

South Korea’s Ambassador to Tehran has expressed regret over the US attempts to stonewall monetary and banking transactions after the JCPOA went into effect on January 16.

France’s Ambassador to Tehran François Sénémaud said 16 companies from his country have come to Iran to consider opportunities for investment in Iranian fishery industry.

The Managing Director of the Ports and Maritime Organization said that the capacity of Chabahar port will increase from 2 million tons to 8 million tons after an investment of $235m from Indian firms.

A senior official with Iran’s Petrochemical Commercial Company International (PCCI) said it has started talks with international enterprises over investments in the country’s petrochemical sector.

Turkish investors will be allowed to build at least 10 hotels in Iran, a Turkish tourism ministry official said on Friday, as the two countries look to increase bilateral trade after international sanctions on Iran were lifted in January.

Iran’s Foreign Minister Mohammad Javad Zarif called on the incoming parliament to thwart the plots hatched by enemies aimed at portraying the country as an unsafe investment destination and discouraging foreign investors from coming to Iran.

Minister of Environment and Agriculture in the Saxony State of Germany Thomas Schmidth said his country will invest in the modernization of agricultural sector in Iran.

Iran said on Tuesday that it needs as much as $200 billion in investments to revamp its oil industry.

Germany's Linde Group and Japan's Mitsui have said that they are planning to jointly invest $4bn in a number of petrochemical projects in Iran, an official said.

Riccardo Monti said in recent months Iran has made it clear that it does not solely intend to purchase foreign products; rather it is trying to find reliable partners for joint investment as well as transfer of technology for domestic production.

A German foreign trade expert has said that his country is seeking to raise its exports to Iran to € 5b in the next two years.

Given Iran's capacities, the Japanese companies are interested in direct investment in Iran, said Nobakht.

French group AccorHotels will open an Ibis hotel and a Novotel branch near Tehran's international airport.