A total of $740 million will be allocated to indigenize turbo compressors and turbines used in the oil industry, the managing director of the National Iranian Oil Company said.
Investment Opportunities in Iran
Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash met with Vice President of the UAE Sheikh Mansour bin Zayed Al Nahyan on the sidelines of the 17th annual exhibition and…
As long as Iran does not establish good relations with the international community, increasing natural gas export capacity will remain a dream, a former deputy oil minister for international and…
Attracting foreign and domestic investments for the development of joint hydrocarbon fields is a top priority of the National Iranian Oil Company, as the key oil sector has long been the main…
The general trend of gross fixed capital formation at the 2016-17 constant prices has been declining over the decade ranging from the fiscal 2011-12 to 2021-22. The average annual…
Attracting domestic and foreign investments for the development of upstream oil and gas sectors tops the Oil Ministry’s priority list, as it is essential to ensure the security and supply of…
A new report by Tehran Chamber of Commerce cites the Statistical Center of Iran’s mining sector data to show how investment in operating mines has declined over the years in real terms.
Iran needs to make up for pressure reduction in its gas fields and prevent a decline in gas output, for which investments worth $22 billion are required in the next eight years, the oil minister…
The Oil Ministry has invested around $10 billion on the development of Azar joint oilfield in Ilam Province to increase the output from the field, which currently stands at 65,000 barrels per…
The National Iranian Oil Company has prepared a long-term plan to attract foreign and domestic investments worth $145 billion over the next four years. Oil Minister Javad Owji made the…
The development of oil and gas fields shared with neighboring states is a top priority, but unfortunately the Oil Ministry has long been grappling with financial constraints, a lawmaker from…
Two Chinese investments worth ¥8.75 million ($1.36 million) are to be made in one of Bushehr Province’s industrial parks in the current Iranian year (started March 21), according to the director…
The value of products made in Chabahar in Iran’s southeastern province of Sistan-Baluchestan has increased 6.2-fold over the past eight years from 1,240 billion rials ($4.91 million) to 7,728…
More than $6.2 billion worth of investments were made by the private sector in Iran’s free trade and special economic zones during the first nine months of the current Iranian year (March 20-Dec…
A total of 1.13 trillion rials ($5 million) worth of investments were made in Bushehr Province’s industrial parks and zones during the first nine months of the current Iranian year (March 20-Dec…
A total of $158 million worth of foreign investments have been made in Iran’s free trade and industrial zones during the first nine months of the current Iranian year (March 20-Dec. 20, 2020),…
An average annual of 400 billion rials ($1.6 million) worth of infrastructural investments has been allocated to Qazvin Province’s industrial areas every year since 2013 when President Hassan…
APW Company’s factory, in which the Turkish side has invested a total of €40 million, was inaugurated on Monday in Qazvin Province’s Caspian Industrial Zone, during a ceremony attended by…
Investments in major greenfield industrial projects stood at 21 trillion rials ($90 million), while major brownfield projects received a total of 7.8 trillion rials ($33 million) during the…
A total of $2.1 billion worth of investments have been made by 231 foreign investors in Iran’s industrial towns by March 19, creating 19,862 jobs. According to a report by IRNA citing…
More than 485 trillion rials ($2 billion) worth of investment were made in industrial units with establishment permits, while projects with operating licenses are estimated to have received 50.…
Iran’s private sector invested 500 billion rials ($2 million) in Astara Port located in the northern Gilan Province in the last Iranian year (March 2019-20), according to the head of Astara…
Seven contracts by the private sector worth 4,080 billion rials ($25 million) were finalized at Chabahar Port last year (March 2019-20), indicating a 20% rise compared with the year before.…
Security of investment and business in Iran was slightly lower last autumn (Sep. 22-Dec.21, 2019) compared to the summer season, according to a seasonal study by the Majlis Research Center, the…
The Iranian Mines & Mining Industries Development & Renovation has defined $16 billion worth of mining projects by the Iranian year 1400 (March 2021-2) for domestic and foreign investors…
