24 April 2017
 

14 May 2014 - Iran’s mining sector in high demand for foreign investment

Companies from Germany, Spain, Denmark, Belgium, England, France, Switzerland, Canada, South Korea, India, Kazakhstan, Oman, and Kuwait have so far requested for making investment in the Iranian mining projects, Karbasian, who is also the director of the Iranian Mines and Mining Industries Development and Renovation, known as IMIDRO, said.

In order to attract foreign investors, they will be given the right to operate Iranian mines for 25 years, the Mehr News Agency quoted Karbasian as saying on Tuesday. Iran is believed to hold more than 7 percent of the world’s total mineral reserves. It ranks at the 10th place in terms of the variety of mineral resources. Key large deposits that still remain underdeveloped are zinc, copper, iron, uranium, and lead. Western companies are one after the other engaged in talks with Iran to resume their delayed activities or make new investments in the Islamic Republic. The recent developments came as world powers and Iran reached a framework agreement in the Swiss city of Lausanne in early April. Iran and the P5+1 group of countries have reached a mutual understanding on ironing out their differences over Tehran’s nuclear program and reaching a final deal by the end of June. On May 9, Iran’s Vice President Es’haq Jahangiri pointed to the growing number of Western companies attempting to return to Iran following the possible removal of sanctions against the country and said Tehran would rather support foreign investment.
 


Publish Date: 17/05/2015
Page view: 621

 
 
 
 


The Royal Thai Embassy in Tehran
Address: No.3,Esteghlal Alley,Baharestan St.,
Tel : +98-21-77531433 +98-21-77531433 , +98-21-77537708
Fax : +98-21-77532022
 
 
The Commercial Section of The Royal Thai Embassy
Mr.Srawut Chankao
No. 3,2nd floor,Unit 3 , 7th Alley ,North Gol Afshan ,6th Phase, Shahrak-e-Gharb(Ghods), Tehran , IRAN
Tel: 0098-21-88093370
Fax: 0098-21-88079614
E-mail: thaitctehran@ditp.go.th
Page view:621
Online Visitors:5
Friend Link: Timberland 6 Inch Boots Herren Nike Air Max 2016 Nike ELASTICO Finale III Street TF Adidas Messi 16.3 IC MBT Lami Damen TIMBERLAND CHUKKA BOOTS Adidas Superstar 2 Shoes Friend Link: NIKE ROSHE TWO FLYKNIT SHOES AIR JORDAN 23 Adidas Originals NMD Adidas Yeezy Boost 550 Adidas Tubular Schuhe Adidas Springblade Schuhe ADIDAS D ROSE 7 MEN
Friend Link: Adidas Originals Pride Pack Adidas Originals Stan Smith W Adidas Originals ZX 500 Adidas Climacool Boat Lace NIKE AIR FORCE 1 07 HIGH MBT BARIDI WOMEN AIR JORDAN 2 MEN Friend Link: Nike Cortez Ultra Adidas Yeezy Boost 550 Adidas NMD Runner PK Air Jordan XXXI Nike Kwazi Nike SB Hyperfeel Koston 3 Friend Link: Nike Roshe LD 1000 Nike Air Presto Ultra Flyknit Adidas J Wall 3 Nike Air Max Zoom 90