Persian
Tue, January 21, 2020, 16:08
Welcome to SABAInfo! / Sign Up / Login

News

Vice Minister of Economic Affairs and Finance: For the Foreign Investors to Enter the Stock Exchange, the Package of Projects Are prepared.
Vice Minister of Economic Affairs and Finance broke the news of preparing packages, consisting of projects which are going private, to attract foreign investors to the capital market of the country. Behrouz Alishiri said: The packages contain the technical, financial, economic and most importantly, legal characteristics of the projects.

As reported by the Department of public Relations, Organization for Investment, Economic and Technical Assistance of Iran, quoting from the Government’s Portal, quoted from IRNA, Behrouz Alishiri added: the packages contain the projects which are going private as well as other projects, based on international standard, and are handed in to foreign investors.
As he said, the packages are being prepared by the international promoting companies in order to be able to achieve appropriate outcomes for increasing investment in the capital market of the country thereof.
The President of the Organization for Investment, Economic and Technical Assistance of Iran also stated: the packages include technical, financial, economic and the most importantly, legal characteristics of the projects.
As stated by Alishiri, the preparation of the packages has already started and we should wait to see the results thereof. Referring to the approval of the Stock Exchange bylaw as well as employing new financial instruments in that sector, he said: Stock Exchange is an appropriate sector for the domestic and foreign investors, because of the fact that the volume of transactions and the profitability index are at acceptable levels and some positive signals are received from this market.
The plan for next year’s foreign investment
Vice Minister of Economic Affairs and Finance, talking about the next year’s plans for the attraction of foreign investment spelled out:  the most important plan for the development projects of the country, in whole, is to employ some more sophisticated methods of providing financial facilities, so called public private partnerships, and create a movement for raising international financial facilities.
Stating that the amounts injected by the public sector, through development budget, should be able to raise two to three folds more money, added: it means we need to provide and raise two to three folds that of the 200 billion dollars, in the course of the Fifth development Plan, from the internal or international sources to expedite development projects.
He regarded practicing public private partnership models as the main strategies of the coming year and added: the hidden message of this strategy is that; for the development and infrastructure sectors of the country, we need to create directing and complementary roles through the domestic and foreign private sectors.

Mar 14, 2011 13:14
2020 SABAInfo All rights reserved.