Iran Mining News-Up to now, over $5.2b worth of foreign investments have been attracted

Up to now, over $5.2b worth of foreign investments have been attracted, said Head of Foreign Investments Organization Behrouz Alishiri.
Speaking to reporters on the sidelines of the meeting of Iran-South Africa Joint Commission for Economic, Commercial, Scientific and Technical Cooperation, he added that there is a 15%-30% gap between the actual foreign investments and the official target figure.

He underlined that in order to promote foreign investment in the country a specialized workgroup has been established and appropriate approaches have been adopted for attraction of foreign investments into projects within the mining sector.

Iran currently ranks 135th among 170 countries, worldwide, regarding foreign investment, ISNA said.