Hamed Hosseini said the investment model could offer an alternative channel for securing raw materials, machinery and equipment amid Iran’s foreign-exchange constraints and restrictions associated with import registration and currency allocation.

Under civil partnership agreements, foreign investors can provide production inputs and other resources without requiring foreign currency transfers or allocations through the conventional import financing process. They can also receive returns on their investment in the form of goods, allowing them to benefit from their share of the partnership without necessarily repatriating profits in cash.

Hosseini explained that foreign partners can contribute part of a company’s required financing in cash or in kind. The arrangement is available across sectors open to both private and public investment, with no restrictions on the type or percentage of foreign participation, he said.

Pharmaceutical manufacturing leads investment approvals

Pharmaceutical production accounted for the largest share of approved foreign investment under the scheme, attracting more than $63 million, Hosseini said.

Civil partnership projects represented 62.5% of all foreign investment projects approved in the province during the period, with the industrial sector accounting for the overwhelming majority of the investment value.

Of the 12 approved projects, 10 were in industry, with a combined value of $103.627 million. The remaining two projects, covering mining and infrastructure—including water, electricity and gas—were valued at $2.111 million.

The figures underscore the importance of civil partnership arrangements as a mechanism for attracting foreign capital and production inputs into Iran, particularly in sectors where access to foreign exchange and conventional import financing remains constrained.