26 - 28 Sep 2018

Tehran Goftegoo Park

Official lauds elevation of China investment in Iran in past 4 years

Mohammad Khazaie who isalso head of Iranian Investment Organization said that 'the Chinese companieshad near 2.3 billion dollars of direct investment in Iran from 2014 till 2018'.

Chinese companies have invested 110 million dollars from 1996till 2014, he said in Iran-China trade forum on Tuesday.

The official referred to good level of ties between Tehranand Beijing, and said that Iran welcomes improvement of economic and politicalcooperation with China.

He said that Iran-China trade in 2017 experienced 22 foldincrease as compared to the previous year.

The official noted that there are 10 billon dollars offinance deal between the Islamic Republic and a Chinese financial institution,saying that simultaneously, the Chinese companies have provided 11 billiondollars of foreign investment for Iranian projects.

Source: IRNA

Published: 01/30/18