Success Stories

By commencing the new year, Iran is going to unveil new investment and business opportunities. Major mineral and oil resources, vast infrastructures, intact investment opportunities, the rich and respectable culture and the internal stability, all indicate that Iran is the land of opportunities and economic potentials. “A country which should be rediscovered for its abundant opportunities and rich resources”.

The lifting of sanctions actually caused Iranian economy re-enter global market, which was also welcomed by foreign countries. Accordingly, following the JCPOA, various business delegations, especially Europeans entered Iran. More than 200 economic envoys from the European Union signed memoranda, contracts and business documents with Iran, as some of which are currently in process. By raising credit rating after JCPOA, Iran has concluded more than 12 bn USD in FDI and financing of 40 bn USD for various projects development.

The most important Post-JCPOA agreements

company	Contract Value	Description
TOTAL Co.	2 bn EUR	Oil purchase
Shell Co.	2 bn USD	Oil purchase of 130,000 bbl /d
TOTAL CO.	4.8 bn USD	The South Pars Phase 11
SKE & C (S. Korea)	1.8 bn USD	Tabriz Petrochemicals rebuild
United International (Turkey)	4.2 bn USD	7 Natural gas power plants
SINOPEC (China)	1.2 bn USD	Abadan Petrochemical Complex phase 1
Shell Co.	-	Study of three oil and gas fields e.g. Azadegan & Yadavaran
MECI Group (Switzerland)	750 mn EUR	Wind power plant construction in northern Iran
Peugeot (France)	940 mn USD	Auto joint manufacturing
Renault (France)	350 mn USD	Auto joint manufacturing
Volkswagen's German	-	Sales of two vehicle models and the company return to Iran
Air Bus (France)	20 bn USD	Delivery of more than 100 Airbus planes
ATR (Italy)	536 mn USD	Delivery of 20 ATR aircrafts
Boeing (USA)	16.6 bn USD	Buying 80 aircrafts
Italian Railways	1.4 bn USD	Investing in the construction of railways
Siemens (Germany)	2.2 bn USD	Production & equipping of rail fleet
Alstom SA (France)	-	Construction of Train and Metro
Transmash holding (Russia)	-	Railways
Ober Bank (Austria)	1 bn EUR	Financing
Danske Bank (Denmark)	500 mn EUR	Financing
Invitalia Global (Italy)	5 bn EUR	Financing
CITIC Trust (China)	28 bn USD	Financing
Eximbank (S. Korea)	8 bn EUR	Financing
Vnesheconom bank (Russia)	2.2 bn EUR	Financing

For many years, Iran has been more known in political aspects and less concerned in economic and business issues by the world. Lack of international promotion on economic arena has led to neglecting Iranian potentials, and foreign delegations are surprised at different infrastructures and advantages, admitting that Iran is not fairly well understood in global setting. By providing relevant information concerning Iran's potentials and capabilities, the current report will open a gate for foreign investors into Iranian economy.

Comments

Ronaldchism

25 September 2021

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19 April 2022

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