The session was chaired by Mehdi Heydari, head of the Iranian Investment and Economic and Technical Assistance Organization, and attended by other board members.
According to Shada, the board reviewed 67 applications spanning a wide range of sectors, including renewable energy, solar power plant construction, automotive manufacturing, pharmaceuticals, healthcare, housing, tourism, international logistics, transportation, and services.
Applicants originated from a diverse group of countries, including the United Arab Emirates, Turkey, Germany, Afghanistan, China, Pakistan, Iraq, Azerbaijan, Oman, and members of the Iranian diaspora.
The Foreign Investment Board convenes monthly to assess and approve foreign investment proposals. Since the beginning of the year, five meetings have been held, resulting in the approval of projects worth a cumulative $10.5 billion.