Austrian companies ready for investment in Iranian economic sector

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The Commercial Counselor at the Austrian Embassy in Tehran Georg Weingartner says Austrian companies are eager to invest and have economic activity in Iran and Kish Island.

Weingartner, who is on a visit to Kish Island along with a delegation from the Commercial Section of Austrian Embassy, told the investment director of Kish Free Trade Zone Organization Hamid-Reza Shirzad that Kish Island is the most distinguished hub of investment of Iran in international level.
He said Kish Island is an exceptional tourist resort and many Austrian companies are interested to get aware of the capacities of the region and different grounds for investment in the Island.
He noted that visit of Austrian president to Iran in 2015 and presence of the representative offices of more than 200 Austrian companies in Iran encourage Austrian investors to be present in Iran’s extensive market.
‘We are interested in investment in Kish Island in hospital equipment, petrochemical sector, industrial machinery and tourism,’ he added.
He hoped that following sanctions lift, problems with banking transfer will be removed completely and conditions will be prepared for banking activities in Iranian free zones, especially Kish Island.
Halal tourism has provided a good opportunity for attraction of foreign investment, he added.

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