Director of a big Kuwaiti commercial company Adel Monadi said on Sunday that Karaj and Alborz province enjoy very high economic capacities to attract foreign investment.
Speaking to IRNA on the sidelines of a meeting with Governor General of Alborz Province, Monadi said that Kuwaiti business sector is willing to make joint venture investment in the economic development, industrial, tourism, service sector and welfare in Karaj and Alborz Province.
He said that situation of the province is unique in terms of its place helps the provincial businessmen develop lucrative business.
On the same ground, Kuwaiti commercial and economic company considers no limit to macro investment in Alborz Province and Karaj, he said.
He said that his company decided to make up to minimum 50 million dollars investment in Karaj and Alborz province.
He said that one of the projects of his company is to build a recreational center and a big shopping mull in Karaj.