Iran Approves Three Foreign Investment Projects Worth Over $15m in Qazvin Province

A senior delegation from the Organisation for Investment, Economic and Technical Assistance of Iran has approved three large-scale foreign-investment projects in the industrial and manufacturing sectors of Qazvin province, valued at more than $15m.

The decision was taken during a one-day visit to the province, at a meeting of the Foreign Investment Board attended by Mahdi Heidari, Iran’s deputy minister of economic affairs and finance, and head of the investment organisation. Also present were representatives of economic, regulatory, and executive bodies, as well as domestic and foreign investors.
Mr. Heidari emphasised the need to streamline procedures, cut red tape, and remove barriers to investment. He described Qazvin, with its strategic location, robust infrastructure, and export capacity, as one of the country’s most promising provinces for attracting foreign capital.
Participants also discussed major challenges facing foreign investors, including currency supply and transfer, customs procedures, tax issues, and permit approvals. Decisions were made to address these obstacles. Amir Khalili-Khah, director-general of economic affairs and finance in Qazvin, highlighted the province’s industrial, agricultural, tourism, and logistics potential and stressed the role of such meetings in accelerating foreign direct investment.

Publish Date: 15 June 2026 - 07:55
Last Update: 16 June 2026 - 07:55