Foreign direct investment in Iran (FDI) has been hindered by unfavorable or complex operating requirements and by international sanctions, although in the early 2000s the Iranian government liberalized investment regulations. Iran ranks 62nd in the World Economic Forum's 2011 analysis of the global competitiveness of 142 countries. In 2010, Iran ranked sixth globally in attracting foreign investments.
Foreign investors have concentrated their activity in a few sectors of the economy: the oil and gas industries, vehicle manufacture, copper mining, petrochemicals, foods, and pharmaceuticals. Iran absorbed US$24.3 billion of foreign investment from 1993 to 2007 and US$34.6 billion for 485 projects from 1992 to 2009.
Read more about Foreign Direct Investment In Iran: Economic Profile, Laws Concerning Foreign Companies, Potential Approaches To The Market, Free Trade Zones and Special Economic Zones
Famous quotes containing the words foreign, direct, investment and/or iran:
“Tis our true policy to steer clear of permanent alliances with any portion of the foreign world.”
—George Washington (17321799)
“He had robbed the body of its taint, the worlds taunts of their sting; he had shown her the holiness of direct desire.”
—E.M. (Edward Morgan)
“There is something fascinating about science. One gets such wholesale returns of conjecture out of such a trifling investment of fact.”
—Mark Twain [Samuel Langhorne Clemens] (18351910)
“During my administration the most unpleasant and perhaps most dramatic negotiations in which we participated were with the various leaders of Iran after the seizure of American hostages in November 1979. The Algerians were finally chosen as the only intermediaries who were considered trustworthy both by me and the Ayatollah Khomeini. After many aborted efforts, final success was achieved during my last few hours in the White House.”
—Jimmy Carter (James Earl Carter, Jr.)