Iran has made attracting foreign investment a priority, the president’s advisor on free trade zones said here on Saturday.
“Our free trade zones provide an advantage for all world investors and we invite all investors to invest in these areas,” Mahmud Salahi stated in a meeting with Peter Hartmann of the German company MRK, who is also the chairman of a consortium of German companies investing in Iran.
Through the implementation of Article 44 of the Constitution, Iran is on the verge of an economic revolution and the private sector can play an important role in this development, Salahi noted.
In the modern world, sanctions do not produce the desired effect since both sides lose in the end, he said, and pointed out that European companies were being affected more than Iran by the sanctions imposed on the country.
Hartmann said the German consortium is interested in investing in building construction, port construction, transit, railway, oil, and gas projects in Iran’s free trade zones.
“Iran has a suitable investment environment for German companies and investing in Iran is very rewarding,” he observed