Iran has attracted a lot of foreign investments to build state-of-the-art power plants. a senior energy official said.
`We have attracted some $6 billion of foreign investments for construction of new power plants.` Managing Director of Iran`s Thermal Power Plants Holding Company Mohsen Tarztalab said on Friday.
He went on to say that the contracts for these investments were signed after the implementation of Iran`s nuclear deal signed between Tehran and the six world powers (the US. Russia. China. France. Britain and Germany).
He expressed the hope that Iran`s energy projects will become operational by next year.
In relevant remarks in mid-June. a senior trade official announced that the volume of foreign investments in Iran has considerably increased.
`A recent report shows that the volume of foreign investment in Iran has increased by over 64 percent.` Head of Iran`s Investment Organization Mohammad Khazayee said.
He also said that the approvals for investment and issuing guarantees have also increased by over 100 percent.
Tags Expertised Companies Fars News Agency Investment Iran Iranian Ministry of Energy Iranian News Agency Iranian Thermal Power Plants Holding Co. (TPPH) Mohsen Tarztalab Trade
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