BAKU, Azerbaijan, October 7. Iran has approved foreign investment projects worth $666 million on October 6, Trend reports, citing the country’s Ministry of Economic Affairs and Finance.
The decision was made during the seventh session of the Organization for Investment, Economic, and Technical Assistance of Iran (OIETAI). Officials from the Ministry of Foreign Affairs, Central Bank (CBI), Plan and Budget Organization of the Islamic Republic of Iran (PBO), and the chambers of commerce for trade, industry, mining, and agriculture participated in the meeting.
During the session, applications from 7 foreign investors in sectors including automobile manufacturing, mining, agriculture, pharmaceuticals, healthcare, housing, services, and other industries were reviewed. Investors from China, Russia, the UAE, Türkiye, and Afghanistan submitted these applications.
Since the beginning of the current Iranian year (March 21, 2025), foreign investments totaling $11.4 billion have been approved, covering 257 projects across various sectors.
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