According to the Public Relations Department of the Organization for Investment, Economic & Technical Assistance of Iran (OIETAI), Saman Ghasemi the Director General for foreign Investments of OIETAI announced the approval of the project to produce fluting paper with the participation of an Asian investor.

On the fringes of the 125th meeting of the Foreign Investment Council that was held at OIETAI, he said: “four new foreign investment projects worth 9.5 euros were approved in the meeting”.

He noted: “in the meeting it was decide that other projects such as cable, MDF and also orthopedic plaster production lines would be launched thanks to investments made by Asian investor companies.

the Director General for foreign Investments of OIETAI, went on to say: “in our meeting we also approved the amendments to investment licenses related for producing different types of industrial paints, building, commissioning and operating cultural, trade and welfare centers.

It needs to be mentioned that an Asian investor company has applied   for the renewal of its foreign investment license in Tehran stock market. After looking into the application, we agreed to renew the license”.