German companies to make 12bn euro investment in Iran

On December 30, 2015, Posted by , In News, By , With No Comments

Deputy Oil Minister for Petrochemical Affairs Abbass Sherimoqaddam said on Monday that German companies have proposed making 12 billion euro investment in Iran, after removal of sanctions. Addressing a ceremony marking the anniversary of establishment of National Petrochemical Industries Company, Sherimoqaddam said formerly, foreign companies were scared out of Iran…