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IEIO Forum to introduce new foreign investment opportunities in Iran

Saturday, Nov 04, 2017

New foreign investment opportunities worth $35 billion will be introduced at the Iran Economic and Investment Opportunities Forum (IEIO Forum).

(SHADA: TEHRAN) -- Hosni, Executive Secretary of the Iran Economic and Investment Opportunities Forum, said the goal of the forum is to attract foreign investment, adding: At present, the only way to invest in Iran is to attract foreign investment, but the best way is economic partnerships.

The forum will seek to provide opportunities for attracting foreign companies to participate in the Iranian economy.

Hosni said the world's largest companies in the fields of tourism, therapeutic tourism, clean energy, agriculture, oil, gas, petrochemicals, auto and related industries, and food industry have agreed to participate in the forum: 100 companies and economic organizations have been invited to visit Iran and its economic opportunities, and so far more than 60 percent of them have agreed to take part in the forum.

He pointed out that the forum will be hold in cooperation with FEMOZA (World Free and Special Economic Zones Federation), UNIDO (United Nations Industrial Development Organization), UNCTAD (United Nations Conference on Trade and Development), World Bank, European Investment Bank, Asian Development Bank, WAIPA (World Association of Investment Promotion Agencies) in Tehran November 25-28.

Hosni further stated that the list of all economic capacities of Iran has been announced to foreign parties, saying: The interest of about 300 domestic companies has also been considered for the participants to spend their time on discussing and concluding a memorandum of understanding.

He concluded that the forum and the presence of companies from China, Germany, Denmark, Finland, France, Russia, Japan, Serbia, South Korea, Spain, Switzerland, Sweden, UAE, India and Saudi Arabia show that Tramp’s recent remarks on the JCPOA have had no effect on the global determination for economic engagement with Iran.


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