Speaker Highlights Numerous Investment Opportunities in Iran’s Industry

TEHRAN (Tasnim) – Iran has provided numerous investment opportunities in its industrial sector and passed new laws to facilitate investment in the country, Parliament Speaker Ali Larijani announced.

Speaker Highlights Numerous Investment Opportunities in Iran’s Industry

“Investment in the industrial sector, along with other sectors, is of great importance,” Larijani said, addressing a meeting with a group of Iranian elites living in Switzerland on the sidelines of the 131st Assembly of the Inter-Parliamentary Union (IPU) in Geneva.

“The grounds for investment in Iran’s industry have been paved and certain laws have been passed to facilitate investment in the country,” he said.

He also described investment in Iran’s petrochemical, steel, oil and gas industries as a highly profitable business.

Elsewhere in his remarks, the parliament speaker called on the Iranian expatriates to invest in various sectors of industry, including tourism, saying that in recent years good opportunities have been provided for investors in this sector.

A whole host of foreign companies have found new grounds for investment in Iran following the election of Iranian President Hassan Rouhani in August 2013.

Rouhani has repeatedly voiced Iran’s willingness to woo foreign investors in various sectors along with a new plan on foreign policy.

In August 2014, Rouhani said Iran’s new approach to foreign policy has raised its level at the international arena, and promised that the country will turn into a major investment center thanks to interaction with the world.

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