Call for expansion of South Korea-Iran economic ties
South Korean businessmen are keen on expanding economic relations with Iran thanks to Iran’s huge industrial and mineral capacities, South Korean Ambassador to Tehran Kim Sung-ho said in this western province on Tuesday. Speaking in a local gathering, the diplomat added Iran is considered as a reliable country for South…
S. Korea opens center to support trade, investment in Iran
South Korea opened a business center on Monday to help local firms expand trade and investment in Iran as part of its efforts to tap deeper into the Middle East country following the lifting of international sanctions, the trade ministry said. Located in southern Seoul, the center will provide information…
French Company to cooperate in Bou Ali Sina Petchem plant’s reconstruction
National Petrochemical Company (NPC)’s Control Director announced that the paraxylene unit of Bou Ali Sina Petrochemical Company is to be launched by next two to three months, saying that French Exness Company will cooperate with Iran in reconstruction. Ali-Mohammad Bosaqzadeh noted, ‘We tend to take advantage of some domestic and…
Larijani: Good conditions available for investment in Iran
Majlis (Iranian parliament) Speaker Ali Larijani reiterated that the conditions are set for accepting foreign investments in the country. “The officials should take the opportunity created for investment in the country and attract foreign investors,” Larijani said on Wednesday. He reiterated that all the prerequisites needed for investments by entrepreneurs…
Turkey to build hotels in 10 Iranian cities
Turkish tourism investment firm decided to build up to 10 four- and five-star hotels in different Iranian cities, including Ahvaz, in the next two months, Turkish tourist resort executive said on Wednesday. He made the remrks in a meeting with Iranian Vice-President and head of the Cultural Heritage, Handicrafts and…
German chemical giant, Linde, to make investment in Iran
Deputy Minister of Petroleum for Petrochemical Affairs Marzieh Shahdaie said on Tuesday that German chemical giant Linde Group will make investment in Iran in the framework of the EPC contract. Talking to reporters after signing a deal with Linde, Shahdaie said Linde is to commission one of the important petrochemical…
Italy to invest $450m in biofuel project in Iran
The Italian private sector will invest $450 million in the establishment of a bioethanol fuel production plant in the Amirabad Special Economic Zone (ASEZ), north of Iran. An agreement has already been signed with the foreign investor and it will be finalized into a contract in the near future, IRNA…
Iran welcomes Turkey’s investors in renewables
Bilateral renewable energy trade between Turkey and Iran is welcome to benefit both and other countries in the region, according to Iranian deputy energy minister. Houshang Falahatian told Anadolu Agency Monday in an exclusive interview that after sanctions were lifted against Iran, the country has drawn a lot of interest…
Ambassador: South African mining companies keen on working in Iran
South African Ambassador to Iran William Max Whitehead said on Sunday that South African mining companies are keen on working in Iran. Whitehead made the remarks in a meeting with Deputy Governor General of Kerman province for political, security and social affairs Hamid Zoka Assadi. He said that visit of…
Japan to invest $10b in Iran
A senior energy official said here on Saturday that Japan is seeking to invest $10 billion in different economic sectors in Iran. Deputy Oil Minister for International Affairs Amir Hossein Zamani Nia said Iran and Japan enjoy aged-old relations. Touching upon Iran negotiations with Japanese companies on making investment in…
