Iran Investment Opportunities, Investment in Iran,Iran Investment,Invest in Iran Market,Iran Investment Guide,How to Invest in Iran,Invest in Iranian Market

Who we are ?

Our experience base, skilled work-force, technical resources, networking capabilities, internal flexibility and global partners maximize solution efficacy.

Why Invest in Iran ?

There is no doubt, Iran has a lot of potential. It is a country that boasts a domestic market of 70 million people, 11% of the world’s proven oil reserves, 15% of the world’s proven gas reserves, 11 petrochemical complexes, 3 major steel plants and much more.

Best Investment in Iran !

Based on the client requirement, different investment plans suits and fulfill your business and invest requirement.

Education

Highest education rate in region

Low Costs

Cheap and abundant raw materials, energy and transportation

Connected

High rate of Internet penetration and access to online shopping (74%)

Tax Free Zones

Iran has dozens of Tax Free & Special Economy zones

Iran produces canned pistachio with herbal preservatives

Iran produces canned pistachio with herbal preservatives - Mehr News Agency پسته TEHRAN, May 18 (MNA) – Iranian researchers managed to produce canned pistachio consisting of herbal preservatives that help reduce effectively the problems of product packaging.

Iran holds the world's second largest diversity of horticultural crops after the US, and while the country's population is 2 per cent of the total world population, its horticultural production is 10 percent of the total world production.

There is also the potential in the field of dried fruits and nuts, so that they can be mostly used in developed countries in Europe and the US, as a major part in the food and pharmaceutical industries, and accordingly increase its value-added tax.

Canned pistachio production has removed the possibility of Aflatoxin contamination which is considered a main problem in preserving nuts.

Since the new product is provided in Iran and the other countries, it can enjoy a rich market with proper VAT rate to induce a major change in agricultural products industry.

Herbs used as preservatives and mints in forming the canned pistachio are of medicinal nature to treat and prevent many diseases.

The project has been conducted by Seyed Mahdi Hosseini who himself has applied for a patent to his product, too.

LR/3980801

Tehran, Moscow connect card payment switches

Tehran, Moscow connect card payment switches - Mehr News Agency روبل TEHRAN, May 18 (MNA) – In line with expansion of the country’s banking ties at an international level, banking cards switches of Iran and Russia were linked.

As announced by the Central Bank of Iran (CBI), Iranians who possess Shetab (Interbank Information Transfer Network) cards as well as Russians who own banking cards will be able to jointly use ATMs of the two countries as of late August in the first phase and other electronic banking clearance and automated payments systems in the next.

Given the negotiations held in recent months and the agreement to connect banking card systems of Iran and Russia, credit card holders can use ATMs of both countries as of late August though the trial phase of the project kicked off on May 15 to conduct experimental sending, receiving and processing transactions between Iran and Russia.

Bridging banking card switches between Iran and Russia, in addition to development of tourism in various parts of the country by attracting Russian and CIS tourists, will offer significant facilities to Iranian travelers who intend to visit these states.

The measure is one of the connections which were put on the agenda of CBI immediately after the JCPOA implementation and by its expansion to other countries not only will provide citizens and tourists with payment options but also will lead to standardization and internationalization of Shetab network across the globe.

HA/3981062

Liquid fuel exports to increase twofold

Liquid fuel exports to increase twofold - Mehr News Agency منصورریاحی TEHRAN, May 17 (MNA) – NIORDC head said exports of gas oil and fuel oil, which stood at 290 thousand barrels per day last year, will climb to 550 to 600 thousand barrels in the present year.

Mansour Riahi, Managing Director of National Iranian Oil Refining and Distribution Company (NIORDC), said with development of gas network and inauguration of five new phases of South Pars, natural gas has become the prevailing fuel in the country and the need for liquid fuel in all power plants will be alleviated in the second half of the present year (began March 21).

He pointed to the tough conditions experienced last year saying “NIORDC distributed 210 to 220 million liters per day of petroleum products across the country.” In view of extremely cold weather in most parts of the country last year compounded by the halt in exports of gas by Turkmenistan, NIORDC suffered great pressure though the difficulties were properly handled by Oil Minister Bijan Zanganeh.

Following implementation of development policies in gas network of the country last year, we successfully achieved stable exports of petroleum products for the first time in 107 years.

At the end of his remarks, head of National Iranian Oil Refining and Distribution Company estimated that export volume of gas oil and fuel oil will rise from 290 thousand barrels per day of last year to 550 to 600 thousand barrels in the current year.

HA/3981081

Flare gas burning drops by 48%

Flare gas burning drops by 48% - Mehr News Agency نفت گاز TEHRAN, May 17 (MNA) – SPGC head said the volume of burned flare gas in the country has dropped from 139 to 33 million cubic meters indicating a 48.5-percent decline.

Speaking at the unveiling ceremony of the first green flare of the first South Pars refinery complex, Managing Director of South Pars Gas Complex (SPGC) Masoud Hassani said international companies like Italy’s Eni and France’s Total had estimated that the five South Pars refineries will yield 17.1 million cubic meters of flare gas while the figure has now decreased to 6.71 million cubic meters.

The official went on to enumerate operational measures taken to reduce flare gas including installation of flash gas and gas revival compressors in new refineries as well as the zero flaring project in five South Pars refineries.

Last year, the output volume in South Pars was 5.8 billion dollars more than the earlier year, noted Hassani stressing that SPGC enjoys 63% of the share in the country’s refinery output.

On the latest status of South Pars after development of Phase 24 which supplies feedstock to 29 refineries, the official said 825 million cubic meters of gas are being recovered 725 million cubic meters of which are sweetened. The expansion required 90 billion dollars of investment while over 99 billion dollars have returned only in one year indicating an excess of nine billion dollars in Return on Investment (ROI).

SPGC managing director reiterated that flare gas volume has decreased by 48.5 per cent dropping from 139 to 33 million dollars in the past year while the figure is estimated to zero in the next four years.

Associated gas, also known as flare gas or associated petroleum gas, which is a form of natural gas that is commonly found associated with deposits of petroleum.

Whether in industrial plants or at oil and gas production sites, flaring constitutes a hazard to human health and also significantly contributes to the worldwide anthropogenic emissions of carbon dioxide.

Associated gas could benefit the country, but most of it is flared, causing massive losses for the nation.

HA/3980629

IRISL begins shipment of heavy cargoes

IRISL begins shipment of heavy cargoes - Mehr News Agency کراپ‌شده - بندر شهید رجایی TEHRAN, May 17 (MNA) – Islamic Republic of Iran Shipping Lines (IRISL) has created regular services between the Persian Gulf, the Mediterranean, Europe and the Far East.

Shipment of project cargoes for public goods kicked off halfway through the previous Iranian calendar year (ended March 20) by IRISL bulk carrier company who formed regular services between the Persian Gulf, the Mediterranean, Europe and the Far East. The project is capable of carrying heavy packages with a maximum weight of 500 tons.

According to the report, a package weighing 330 tons (length 31 m, width and height of about 4.5 meters), was unloaded from Baltic Harmony vessel at the port of Bandar Abbas last week to mark the heaviest and longest transported cargo since the project had begun.

For several decades, the IRISL shipping company has operated regular container and conventional liner services with 170 of its own ships.

In its East Asia service, for example, IRISL deploys vessels with a capacity of 6,500 TEU. Additional liner services with SE Asia are operated by 2,200-2,500 TEU ships. IRISL also offers container services from the Persian Gulf to the Mediterranean and East Africa.

HA/3980285

First ATRs land in Tehran

First ATRs land in Tehran - Mehr News Agency فرود 4 فروند هواپیمای ATR در فرودگاه مهرآباد TEHRAN, May 17 (MNA) – The four out of twenty purchased ATR 72-600 airplanes have just landed at Mehrabad Airport in Tehran on Wednesday.

The ATR 72-600 turboprops with registration numbers EP-ITA, EP-ITB, EP-ITC, and EP-ITC which was scheduled for landing at Mehrabad Airport late April, finally arrived in Tehran today May 17, 2017.

The aircraft was delivered to Iran in the presence of Iran Air (HOMA) CEO Farhad Parvaresh in French city of Toulouse. The ATR 72-600 has a range of 1,500km and 70 seats.

All four airplanes purchased from the French-Italian aircraft manufacturer ATR have successfully passed primary tests and conducted pilot takeoffs and landings at Toulouse–Blagnac Airport in France for a month. 

“We are proud and gratified that our ATR aircraft are providing the solution to Iran’s significant needs in regional connectivity,” said Christian Scherer, CEO of ATR, adding “As Iran’s traveling public gains access to increased supply of air transportation, it will benefit from the highest standards of comfort, efficiency, and reliability with the ATR’s we are delivering today and over the coming months.”

Last April, the French-Italian ATR plane manufacturer signed a deal with HOMA to provide it with 20 planes. This is a third plane manufacturer after Airbus and Boeing had successfully signed lucrative deals with Iran. Iran Air will continue taking delivery of ATR aircraft until the end of 2018 and plans to receive five more Airbus A320 series aircaft by the end of 2017.

MS/3980952

Iran, India stress implementation of Chabahar agreement

Iran, India stress implementation of Chabahar agreement - Mehr News Agency chabahar TEHRAN, May 17 (MNA) – In a consultative-political session Tue. in Tehran, Iran and India called for implementation of cooperation in energy, trade and development of Chabahar port infrastructure.

The session was headed by Deputy Foreign Minister Subrahmanyam Jaishankar on the Indian side, and Deputy FM for Asia and Oceania Affairs, Ebrahim Rahimpour on the Iranian side. Representatives from ministries of energy and natural resources, economy, industries, commerce and ports organization were present at the meeting, where the sides voiced firm resolve to double efforts for increasing trade transactions and implementing the Chabahar trilateral agreement that was signed with the Afghan side in Tehran last May.

The deal aims at developing infrastructures of Chabahar port city in far south east of the country in Makran coasts. Indian Prime Minister Narendra Modi had hailed the agreement as a transformative element in the region in terms of economy and trade routes, setting new trends and eliminating huge barriers to regional trade.

During the Tuesday session, the Iranian side called on the Indian delegation to make serious efforts for development of Chabahar port, Chabahar-Zahedan railway, as well as facilitation of banking ties.

Iran also stressed the need for closer cooperation in tourism, consular affairs, and removing obstacles for the Iranian students in India.

The Indian side, for their part, expressed hope that these issues would be addressed and resolved in the next session between the consular directors of the two countries’ foreign ministries. 

MS/IRN82532574

Zarif urges facilitation of Iran-India banking ties

Zarif urges facilitation of Iran-India banking ties - Mehr News Agency جی شانکار TEHRAN, May 17 (MNA) – Iran’s Foreign Minister Zarif held talks with Indian Deputy Foreign Minister Subrahmanyam Jaishankar Tue. in Tehran to confer on the expansion of bilateral relations.

During the meeting, Mohammad Javad Zarif pointed to the various common grounds and historical experiences for cooperation between the two countries in trade and energy, adding “it is imperative to make efforts for removing the remaining obstacles to the development of banking relations between Tehran and New Delhi.”

He also stressed the need for providing necessary facilities for the Iranian students studying in India.

The Indian diplomat, for his part, deemed the prospect of future relations with the Islamic Republic highly positive, adding his meetings with Iranian officials, particularly the Oil Minister for cooperation on energy, have been very constructive.

Jaishankar further called for closer cooperation between the two countries in the fields of energy, transit, and North-South corridor. 

MS/3980672

48 foreign airlines active in Iran

48 foreign airlines active in Iran - Mehr News Agency ایرلاین خارجی TEHRAN, May 16 (MNA) – Spokesperson of CAOI, has announced that 48 foreign airlines are presently operating in Iran.

Reza Jafarzadeh, Head of Iran's Civil Aviation Organization public relations office, stated that over the past two years, demand of foreign airlines for making presence in the Iranian market has followed an upward trend as 18 new firms have arrived in the country.”

“As such, the overall number of foreign airlines operating has reached to 48 companies,” highlighted the official.

Given that Iran’s Foreign Ministry has provided proper grounds for constructive relations with other countries, various transport delegations have sought to make flights to Iran in the past two years, noted Jafarzadeh.

The official went on to maintain that geographical and market advantages have created an atmosphere of competition among several foreign companies willing to make flights to Iran.

Currently, different Iranian cities possess numerous attractions for attracting tourists for pilgrimage, cultural and historical purposes, said CAOI spokesperson asserting “scores of foreign visitors are eager to travel to Iran though much effort is still needed to achieve desired conditions.”

British Airways and Air France are among the 18 airlines who have launched direct flights to Iran during the last two years, Jafarzadeh concluded.

HA/3979902

Iran Eager to Further Develop Economic Cooperation with Oman

TEHRAN (FNA)- Iranian Ambassador to Masqat Mohammad Reza Nouri Shahroudi stressed the necessity for the further broadening of economic ties and cooperation with Oman.

The two countries should take advantage of the existing potentials to broaden economic cooperation, Nouri Shahroudi said, addressing a 30-member Iranian economic delegation in Masqat on Wednesday. 

He advised the Iranian companies to export high quality products to Oman, adding that the Iranian embassy in the country will spare no efforts to support them.

In relevant remarks in early March, Iranian Deputy Foreign Minister Morteza Sarmadi announced that his country is seriously pursuing reinvigoration of bilateral relations with Oman.

"The Islamic Republic of Iran is serious about establishing stronger ties with Oman and the necessary political will is there to further expand and develop bilateral relations with Oman," Sarmadi said in a meeting with Secretary-General of the Ministry of Foreign Affairs of Oman Badr bin Hamad bin Hamood Albusaidi in Tehran.

Albusaidi, for his part, underlined the highly good relations between the two countries, and said, "The Iran-Oman ties are a role model in the region and Oman is seriously willing and attempting to develop and deepen bilateral relations with the Islamic Republic of Iran."

During the meeting, the two sides also conferred on avenues to further strengthen bilateral ties in all fields, specially in economic and banking arenas.

 

 

 

 

IT Ministry: Home-Made Anti-Virus Software Prevents Damage to Iranian Cyberspace by WannaCry

IT Ministry: Home-Made Anti-Virus Software Prevents Damage to Iranian Cyberspace by WannaCry

TEHRAN (FNA)- Iran's communications and information technology ministry announced that a home-made anti-virus software named 'Padovish' has blocked the WannaCry virus to affect the country's computer systems.

"The Ransomeware virus which has massively attacked the adjacent countries' systems was identified by the home-made Padvish anti-ransomware-virus and the systems which had installed the anti-virus have not been harmed," the ministry said on Wednesday.

In relevant remarks earlier today, Head of Iran's Civil Defense Organization Brigadier General Gholam Reza Jalali said that the US intelligence services are to blame for the WannaCry virus that affected tens of thousands of computers worldwide last week.

"The preliminary studies have indicated that the virus has originated from the US and is related to the US intelligence agency, and the US has not been harmed in the (virus) attack," Jalali said on Wednesday.

Stressing that the ransomware virus showed that cyber threat is a serious issue, he advised the internet users to install the Iranian anti-ransomware-virus software to remain safe from its attacks.

Also, on Monday, Russian President Vladimir Putin blamed the US for developing the sophisticated hacking tools used in a worldwide cyberattack, crippling computers including those used by Russian law enforcement agencies.

Speaking at a news conference following an economic conference in China, Putin told journalists that Russia "had nothing to do" with the WannaCry virus, which reportedly used infiltration techniques developed by US intelligence agencies.

The US hacking codes had been previously released in a leak by an online hacking collective that identified itself as Shadow Brokers.

Some suspected that Russia was backing Shadow Brokers, but no evidence has emerged to support that claim.

"With regard to the source of these threats, then I believe that Microsoft has spoken directly about this," Putin said. "They said, that the first sources of this virus were the United States intelligence agencies. Russia has absolutely nothing to do with this."

The virus — known as ransomware — locks computer files and posts a demand for payment in the online currency bitcoin. The virus first hit Friday and has spread to more than 150 countries.

 

 

 

 

CBI Announces Iran-Russia ATM System Connection

TEHRAN (FNA)- The Central Bank of Iran (CBI) announced on Wednesday that holders of bank cards in Iran and Russia will be able to use the ATMs of both countries soon.

According to the CBI, the Iranian and Russian citizens will be able to use the two countries' ATM systems in mid August.

The development came after several rounds of negotiations and agreements between the two countries' officials in the past few months.

Deputy Head of Iran-Russia Joint Chamber of Commerce Qadir Qiyafeh announced in March that the two countries' banks have signed several agreements to facilitate bilateral trade exchange.

"Deputy Governor of the Central Bank of Iran, accompanied by the CEOs of leading banks, traveled to Russia to settle matters related to banking. They inked deals with 10 Russian banks. We hope to see the results in greater facilitation of economic and trade exchanges soon," Qiyafeh told reporters in Tehran.

Expressing regret that the volume of trade exchanges has decreased due to the involvement of third parties, he said the two neighbors seek to boost annual trade exchanges to $3bln from the current $2bln.

Iran and Russia have hurried to further expand their economic relations after the removal of sanctions against Tehran.

 

 

 

 

4 ATR Passenger Planes Land in Iran

TEHRAN (FNA)- The first four French-Italian ATR planes manufactured for Iran's national flag carrier, Iran Air, landed at the international Mehrabad airport in Tehran on Wednesday.

The ATR72-600 A/C passenger planes were delivered to Iran's representative in the presence of CEO of Iran Air Farhad Parvaresh and ATR's financial manager Giovanni Tramparulo in the French city of Toulouse on Tuesday.

Tramparulo said that his company takes pride in delivering aircraft to Iran which meet the needs of the country in regional flights.

In relevant remarks in April, Parvaresh said that the Iranian airline would receive four ATR aircraft within three weeks given that the deadline for the French-Italian aircraft manufacturer has expired for a week.

Parvaresh also noted that, as per the contract with Boeing, the first Boeing 777 Wide-body jet airliner will be delivered to Iran Air in a year time.

He also pointed to the latest status of the negotiations with the largest German airline Deutsche Lufthansa AG, and said, "Not long ago, a Memorandum of Understanding (MoU) was signed with Lufthansa on technical and operational training, catering and corporate restructuring as well as business cooperation; the agreement was recently implemented in the commercial sector though talks are still underway on other provisions."

The French-Italian ATR plane manufacturer has signed a contract with Iran Air to provide it with 20 planes. This is a third plane manufacturer after Airbus and Boeing had successfully signed lucrative deals with Iran. Efforts to sign a deal with Brazilian manufacturer Embraer had been uninspiring and plans were abandoned in favor of Airbus and Boeing.

 

 

 

 

Minister: Pakistan, Iran Enjoying Good Relations

TEHRAN (FNA)- Pakistani Minister of States and Border Regions Abdul Qadir Baloch said that Tehran and Islamabad are having good relations, adding that Iran respects Pakistan's sovereignty and expects the same from that country.

"Iran respects Pakistan's sovereignty and territorial integrity and expects the same from Pakistan," Baloch said on Tuesday while briefing the upper house of parliament, Senate, on Iran-Pakistan ties and situation on the common border.

The minister reiterated that Iran has no intention to carry out any action inside Pakistan, and said, "We should not rely on media misquoting Iranian military officials."

He said that soon after the recent border incident, Iranian Foreign Minister Mohammad Javad Zarif visited Pakistan and held meetings with civil and military leadership, which also shows that Iran wants to resolve the issue through diplomacy.

"Pakistan and Iran enjoy good relations and both sides desire to further cement such relations by enhancing trade volume to $5 billion," Baloch added.

On April 26, nine Iranian border guards were martyred and two others were injured by terrorists near Pakistan border in the Southeastern province of Sistan and Balouchestan, when they were patrolling at the zero border point. The terrorists after the killing and abducting one Iranian border guard fled to Pakistan.

 

 

 

 

Iran, Spain Ink MoU to Boost Railway Ties

TEHRAN (FNA)- Iranian Railway Company and Spain's Railway Infrastructure Management State Company signed a memorandum of understanding to expand their cooperation in rail traffic management and modernization of signaling system as well as railway transportation network communication.

The deal was signed between Iran's Deputy Head of Iranian Railway Company for Planning and Economy Nurollah Biranvand and Spanish Railway Infrastructure Management state company's International Relations Director Fernando Nicolás Puiggarí on Tuesday.

The MoU was signed on the sidelines of the 5th International Railway Transportation Exhibition.

"Spain's railway has rich experience in railway traffic management and we wish to use the experience by signing the MoU," Biranvand said.

He said the deal will come into effect for three years on maintenance and reconstruction of the cargo and passenger transportation capacity.

"The Spanish side will also contribute to transfer of technical know-how and provide necessary education for the Iranian railway personnel," he added.

The 5th International Exhibition of Rail Transportation, Related Industries and Equipment kicked off in Tehran on Monday with the participation of over 160 domestic and 130 international companies.

Iranian Road and Urban Development Minister Abbas Akhoundi and Head of Iran's Railway Company Saeed Mohammadzadeh were present in the opening ceremony of the four-day exhibition.

Several countries, including Sweden, Switzerland, Belgium, France, India, Ukraine, New Zealand, Turkey, Italy, Latvia, Spain, Russia, Czech Republic, China, Germany and Serbia are attending the major event which is the world's second largest exhibition in the field.

Major objectives of the exhibition include invitation for producing the equipment needed by the railway companies, holding specialized meeting with rail industry officials and displaying the latest achievements in rail industry.

 

 

 

 

Iran Calls for Boosting Banking Relations with India

TEHRAN (FNA)- Iranian Foreign Minister Mohammad Javad Zarif underlined the need for the removal of obstacles in the way of Tehran-New Delhi cooperation in the banking sector.

"I am hopeful that Iran and India will broaden their relations in the economic field, specially banking and trade relations," Zarif said in a meeting with Indian Foreign Secretary Subrahmanyam Jaishankar in Tehran on Tuesday.

The Iranian foreign minister pointed to the status quo of Iran-India relations, and said, "The two countries have a lot of common grounds to enhance mutual cooperation in different fields, trade and energy in particular."

Jaishankar, for his part, said that prospects of India relations with Iran are promising.

He described his meetings with senior Iranian officials, Minister of Petroleum Bijan Zangeneh in particular, as positive in energy cooperation.

He also underlined mutual collaboration in the arenas of transit and North-South international corridor.

In a relevant development on Tuesday, Iranian and Indian delegations in a meeting in Tehran conferred on New Delhi's offer to develop the first phase of Farzad B gas field in the Persian Gulf as well as the Indian refineries' debts to Iran.

The Indian delegation, headed by Jaishankar held a meeting with Zangeneh on grounds to expand cooperation between the two countries in the oil sector.

They also negotiated the Indian state-owned oil company ONGC Videsh's plans to invest more than $3 billion to develop Iran’s Farzad B gas field and studied the problems existing between the company and the National Iranian Oil Company (NIOC) to finance the project.

The two sides also discussed certain Indian refineries' debts to Iran which have still remained unpaid after the removal of sanctions against Tehran.

ONGC Videsh in March submitted a revised plan to the Iranian government for the field, which the company will be able to develop within five years, Managing Director N.K. Verma told reporters in Mumbai.

Noting that the Indian company plans to spend more than $3 billion on Iran’s Farzad-B natural gas block, he added it is now waiting for feedback from Tehran.

Verma said output from Farzad B could range from 1 billion to 1.6 billion cubic feet of natural gas per day.

Indian companies have been in talks with Tehran since 2009 for developing the Farzad B gas field, estimated to hold 21.68 trillion cubic feet (tcf) of gas in place, of which 12.8 tcf is recoverable.

With 137.6 billion barrels of proven reserves, Iran has the world’s fourth largest crude deposits. In terms of gas reserves, according to the 64th edition of the BP Statistical Review of World Energy released in June 2015, Iran is the world’s top gas reserves holder with 33.8 trillion cubic meters.

 

 

 

 

Iran, India Discuss Development of Farzad B Gas Field

TEHRAN (FNA)- The Iranian and Indian delegations in a meeting in Tehran conferred on New Delhi's offer to develop the first phase of Farzad B gas field in the Persian Gulf as well as the Indian refineries' debts to Iran.

The Indian delegation, headed by Foreign Secretary Subrahmanyam Jaishankar held a meeting with Iranian Oil Minister Bijan Namdar Zanganeh on grounds to expand cooperation between the two countries in the oil sector.

They also negotiated the Indian state-owned oil company ONGC Videsh's plans to invest more than $3 billion to develop Iran’s Farzad B gas field and studied the problems existing between the company and the National Iranian Oil Company (NIOC) to finance the project.

The two sides also discussed certain Indian refineries' debts to Iran which have still remained unpaid after the removal of sanctions against Tehran.

ONGC Videsh in March submitted a revised plan to the Iranian government for the field, which the company will be able to develop within five years, Managing Director N.K. Verma told reporters in Mumbai.

Noting that the Indian company plans to spend more than $3 billion on Iran’s Farzad-B natural gas block, he added it is now waiting for feedback from Tehran.

Verma said output from Farzad B could range from 1 billion to 1.6 billion cubic feet of natural gas per day.

Indian companies have been in talks with Tehran since 2009 for developing the Farzad B gas field, estimated to hold 21.68 trillion cubic feet (tcf) of gas in place, of which 12.8 tcf is recoverable.

With 137.6 billion barrels of proven reserves, Iran has the world’s fourth largest crude deposits. In terms of gas reserves, according to the 64th edition of the BP Statistical Review of World Energy released in June 2015, Iran is the world’s top gas reserves holder with 33.8 trillion cubic meters.

 

 

 

 

China to provide $2 billion finance for electrifying Tehran- Mashhad railway

طولانی‌ترین پل ریلی

Tehran (ISNA) – The busiest railroad linking Tehran to the holy northeastern city of Mashhad, Iran will be electrified by Chinese finance worth $2 billion.

“China has agreed to provide $2 billion finance for the project and the agreement is expected to be signed in June,” Iran’s deputy minister of road and urban development for international affairs Asghar Fakhrieh Kashan said.

The project aims to electrify the 926 km railway from Tehran to the city of Mashhad, Iran’s primary pilgrimage site which attracts tens of millions of visitors each year.

The project envisages reforms and construction of the current Tehran-Mashhad railroad for trains with 200km/h speed, electric railroad for trains with 250km/h speed and purchase of 70 electric locomotives.

By signing the agreement, Chinese will achieve the second biggest railway project in Iran after the Tehran - Isfahan high-speed railway.

 End Item

IranAir to take delivery of first four ATR turboprop aircraft

Tehran (ISNA) - IranAir is set to take delivery of four ATR 72-600 turboprop aircraft on Tuesday, part of plans to rebuild its fleet after nuclear-related sanctions against Iran were lifted last year, Reuters reported.

The four turboprop aircraft, painted in IranAir colors, are due to be handed over at ATR's Toulouse headquarters on Tuesday and are scheduled to arrive in Tehran on Wednesday, European and Iranian aviation industry officials said.

The deliveries will bring to seven the number of new Western aircraft delivered to Iran since trade reopened under a deal between Tehran and major powers to drop most sanctions in exchange for restrictions on Iran's nuclear research activities.

The state airline, which has ordered 20 of the planes made by a joint venture between Airbus (AIR.PA) and Italy's Leonardo (LDOF.MI), is set to use the four aircraft on underserved regional routes.

The 70-seat ATR 72-600 is worth $26.8 million at list prices. IranAir is expected to take delivery of the remaining 16 ATR aircraft by the end of 2018, including another five this year.

IranAir has also taken delivery of three Airbus jets, part of a set of purchases for a total of 180 jetliners to be supplied by Europe's Airbus (AIR.PA) and its U.S. rival Boeing (BA.N).

End Item

“Daughter” screened in UCLA Celebration of Iranian Cinema

فیلم دختر

Tehran (ISNA) – Iranian film “Daughter” directed by Reza Mirkarimi will be screened in UCLA Celebration of Iranian Cinema in Los Angeles.

UCLA Celebration of Iranian Cinema will be the host of Iranian films May 6-19 with Reza Mirkarimi’s ‘Daughter’ is scheduled for May 18.

The movie won Best Film and Best Actor (Male) at the 47th International Film Festival of India, grand prize and the award for best actor in a leading role at Mons International Love Film Festival and ‘CinéFemme’ and the International Confederation of Arts and Compilation awards.

The movie tells the story of a girl who sets out for a trip to Tehran from the southwestern city of Abadan to attend a friend’s farewell party, triggering a family crisis.

End Item

Iran, Turkey joint investment in pharmaceutical industry

واردات دارو

Tehran (ISNA) – Tehran and Ankara have jointly invested and cooperated in Pharmaceutical industry field, Director General of Iran-Turkey Chamber of Commerce Seyed Jalal Ebrahimi announced.

“An Iranian Pharmaceutical Company seeks to establish a pharmaceutical industrial park in Turkey and export its products to European countries,” he said.

“Currently the volume of foreign investments particularly from Turks in Iran is increasing. Turkish company Unit International has announced that in cooperation with Koreans, will invest in Iran in near future. According to the company, they reached an agreement in this regard and the joint investment will amount to $3.5 billion,” Ebrahimi added.

End Item

Iran’s Ramin, Belgium’s Ghent universities ink MoU

IMG-20140411-WA0003.jpg

Tehran (ISNA) – Ramin Agriculture and Natural Resources University and Belgian Ghent University signed a MoU on exchanging students, researcher and faculty members and scientific cooperation.

“Following the visits of features and capabilities of each university, officials of the two universities signed the MoU,” director of Ramin Agriculture and Natural Resources University Dr. Mansour Ghanian said in an interview with ISNA.

The aim of signing the MoU is exchanging students, researcher and faculty members, cooperation in research projects and holding joint courses and workshops.

“A scientific conference will be held in Ghent University in next few days with Ramin University professors in attendance,” he announced.

Ramin Agriculture and Natural Resources University is located in Khuzestan province, southwest of Iran.

End Item

About Us

There are currently very few countries in the world with Irans conditions and opportunities for investment. After decades of sanctions and separation from international markets, Iran is now ready to take advantage of these opportunities.

These days the top story of some of the worlds most important news media states, Now that a general agreement has been reached on the nuclear issue between Iran and the P5+1, international investors are lining up behind Irans closed doors, ready to enter this countrys market. Once Irans doors open to international financial activities millions, or maybe billions of dollars will flow into the country Economic players in Iran are waiting with open arms for international investors.How to invest in iran Blog is proud to present you with information about Iran and its investment opportunities, standing by your side as a consultant, and a strategic partner, creating the groundwork for a satisfactory experience in Iran.

Welcome to Iran, an investment paradise for years

Global Investment was founded with a single vision, to help small to large enterprises with their strategic entry into the Iranian market by providing unmatched services for companies across all major industries. We can help you enter the hotspots of the market and will support and guide you toward a success story that remains rock-solid for the years to come.

We deliver exceptional insight and advice based on the highest standards of consulting practice using our 10 years of experience in the field. Our perfect blend of proprietary market entry solutions, strong local connections and expertise will assist you with maximizing your business potential in Iran. You can take advantage of our “real touch of the market” and break down entry barriers into the market. We make sure that you avoid making the wrong deals and provide you with Do’s and Don’ts of doing business in our country.

Join The Ultimate And Irreplaceable Experience Now.

Just define your interests, We will promote the best investment opportunities for you

As featured on :

Iran Investment Opportunities, Investment in Iran,Iran Investment,Invest in Iran,Invest in Iran Market,Start Business with Iran,Iran Company Registration,How to Invest in Iran,Iran Stock Exchange,Investment in Iran after sanctions,Iran Investment Company,Foreign investment in Iran,Investment opportunities in Iran,Best investment in Iran,Iran Business Investment,Iran Invest