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Tue, February 07, 2012, 16:58
News Detail
Minister: Investment risk low in Iran
Minister of Economic Affairs and Finance Seyyed Shamseddin Hosseini said here Saturday that in view of its high potentials, Iran is safe and secure for investment.
         
Speaking at the inaugural ceremony of the First International Seminar on International Investment and Hamedan Development, he added that investment risk is low in the country and the incentives are still stand despite the global financial crisis.
Financial markets have experienced a 40 to 80 percent drop in indices, while the figure for Iran was 15 percent and international agencies have placed Iran in the first rank in this field, he pointed out.
Describing oil and gas as among the significant sectors of the country, Hosseini said that currently, Iran's economy ranks 25th in the world but based on the 20-Year Vision Plan, it seeks to stand first in South and West Asia.
International Investment and Hamedan Development opened on Saturday with the participation of 200 investors from 30 countries and 400 Iranian investors.
Dec 14, 2009 18:59
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