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Iran attracts $12B worth of foreign investments

President of Iran Hassan Rouhani in the Kremlin (en.Kremlin.ru/Released)
December 20, 2018

Iran has attracted $12 billion worth of foreign investments, head of National Iranian productivity Organization (NIPO), Fatemeh Pahlavani said, Trend reported via IRNA.

“Regarding the gross domestic product (GDP), investment productivity of the country was lower than that of India, China and Malaysia.” she said.

“Many experts believe that to reach an 8-percent economic growth, Iran requires $178.5 billion budget.”

“The economic growth requires increase of investments and productivity, these factors should be noticed in the development program.” she added.

“Depending on domestic workforce and encouraging their motivation, despite their political affiliation, would help country’s development,” she said.

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© 2018 Trend News Agency (Baku, Azerbaijan)

Distributed by Tribune Content Agency, LLC.