Foreign Investment Drives Economic Growth in Iran’s Markazi Province

Markazi Province has secured $50.5 million in foreign investment for a car manufacturing project in Saveh, according to Saeed Molla Esmaeili, Director General of Economic Affairs and Finance. The investment, led by a Chinese firm, will support the production of gasoline, gas, and diesel automobiles.

“This is the fourth major investment initiative approved in the province this year,” Molla Esmaeili said, underscoring the region’s growing appeal to foreign investment.

He argued that foreign investment is essential not only for expanding production and infrastructure, but also for enhancing the quality and competitiveness of domestic goods. “By transferring technical and managerial expertise, foreign investors help raise productivity and reduce unemployment,” he noted.
Molla Esmaeili added that increased foreign engagement would strengthen exports, open access to global markets, and improve the province’s trade balance. He also pointed to broader benefits, including the adoption of cleaner technologies and higher environmental standards, as part of a push toward sustainable development.
News ID 616296