Increasing number of investors in Iran: IDRO Chairman told Middle East Eye
In an interview with the English Middle East Eye, IDRO Chairman Dr. Moazami emphasized that an increasing number of investors are attending the Iranian market. Referring to advantages and rich capacities of Iran such as educated and skilled human resources and the strategic situation of the country, Dr. Moazami hailed the post-JCPOA as a unique opportunity for foreign investors to participate in industrial projects up for grabs in the Iranian market. “Iran gives more credit to its strategic partners that continued their partnership during the tough sanctions days. Of course, we do respect all other investors who are interested in entering into economic interactions with our country,” he said in the interview. There has been an increase in transactions with foreign investors in the post-sanctions era, he said, though the situation has not met Iran’s expectations yet. “We expect European countries to keep their own side of the bargain in the post-JCPOA era. After President Rouhani’s visit to France and Italy, we have seen more European investors in Iran. We clinched good agreements with Italy and are finalizing contracts with French companies in the automotive sector.” The IDRO chairman also conditioned cooperation with foreign investors upon making investments in Iran and transferring technology to Iranian companies.“Foreign companies should make investment in Iran, start production inside the country, transfer technology to Iranian companies, and export items,” he said. “We see increasing number of foreign investors attend the Iranian market after the nuclear deal and this will continue in the future.”