During this session, 97 foreign investment applications totaling $1.5 billion were reviewed and approved across various sectors, including agriculture and fisheries; oil field development; renewable energy production; solar power plant construction; hybrid vehicle manufacturing; chemical and polymer industries; mining; pharmaceuticals and healthcare; housing; tourism; international logistics and transportation; as well as services. The projects involved countries such as Germany, Switzerland, Italy, Canada, India, China, Russia, Turkey, Australia, the United Kingdom, United Arab Emirates, Armenia, Austria, Spain, Oman, Iraq, Pakistan, Tajikistan, Afghanistan, and included investments by Iranians living abroad.

Record-breaking number of projects reviewed

The 292nd session of the Foreign Investment Board set a record for the highest number of projects reviewed in a single meeting by approving 97 initiatives. Reports indicate that in the first two months of this year alone, 177 foreign investment applications worth $8.5 billion received approval from the board, marking significant growth compared to similar periods in previous years.

Regular meetings of the Investment Board

The Foreign Investment Board convenes monthly to review dozens of foreign investment proposals from international investors and Iranians abroad. These meetings aim to accelerate investment attraction processes by removing obstacles and providing facilitative measures for investors.