FDI Hits $11.9 Billion during Iranian President Raisi’s Administration: OIETAI
TEHRAN (Tasnim) – The Organization for Investment Economic and Technical Assistance of Iran (OIETAI) put the number of foreign investment projects approved since August 2021, when the administration of late President Ebrahim Raisi assumed office, at 713, valued at $11.926 billion.
According to the OIETAI, 713 projects within the framework of Foreign Direct Investment (FDI), valued at $11.926 billion, were approved by the Foreign Investment Board from August 2021 to June 22, 2024, IRNA reported.
Of the total foreign investment projects approved, 91 were related to the investment made by China, valued at $2.148 billion, the organization added.