News

Iran ranks sixth among the world's
countries based on inward Foreign Direct Investment (FDI) performance,
the latest report released by a UN agency shows.

New data released by the United Nations Conference on Trade and
Development (UNCTAD) show that Iran attracted more than three billion
dollars of direct investment from abroad in 2009, which is twice the
amount of the previous year.

This is despite the fact that global FDI inflows dropped during 2009 as compared to the previous year.

The UNCAD ranking is for the year 2009, the most recent year available, and examines the economies of 141 economies.

The Inward FDI Performance Index displays a country's relative success in attracting global FDI.

Meanwhile, the report finds that the plunge in FDI caused by the
global recession bottomed out towards the end of 2009, and a modest
recovery actually began in the first half of 2010.

It predicts also that global FDI inflows will climb to over $1.2
trillion in 2010, and continue to expand in 2011 and 2012, although such
a resurgence depends on continuation of the so-far fragile economic
growth that has followed the downturn.

Behrouz Alishiri, Iran's Deputy Minister of Economic Affairs and
Finance, announced earlier in July that the volume of transactions in
Iran's investment market has seen a 10 percent growth since the >>>