BAKU, Azerbaijan, October 1. The southern province of Fars attracted foreign investment worth $42 million in the first six months of the current Iranian year (from March 21 through September 22, 2025), Eyoub Faramarzi, Director General of the Fars Province Department of Economic Affairs and Finance, told reporters, Trend reports.
Faramarz stated that this investment will be funneled into 11 projects, hitting the nail on the head with equipment, production supplies, and raw material manufacturing. The money will roll in from investors hailing from Türkiye, the United Arab Emirates (UAE), South Korea, China, Hong Kong, and a few other corners of the globe.
According to Faramarzi, the investments are planned for projects in the districts of Shiraz, Larestan, Jahrom, Abadeh, Qaemiyeh, and Pasargadae. He noted that under a new decision approved by Iran’s Cabinet of Ministers, foreign investors can now implement the maximum amount specified in their investment licenses by importing gold bullion without requiring order registration, based solely on customs protocols. This measure, he said, could further boost investor interest in the country’s projects.
Faramarzi articulated that, owing to its multifaceted economic
landscape and pivotal geographic positioning, Fars province
possesses the capacity to evolve into a principal nexus for foreign
capital influx, thereby significantly contributing to the
trajectory of national economic advancement.
Fars Province presently boasts a robust portfolio of 3,650 active
industrial enterprises, complemented by an impressive pipeline of
4,000 projects currently in the construction phase.
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