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Mighty turkey ready to invest in Iran

AZADPAKISTAN2009

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Turkey Ready to Boost Investment in Iran

Reference:
Fars News Agency :: Turkey Ready to Boost Investment in Iran

TEHRAN (FNA)- An Iranian official underlined here on Saturday that Turkish businessmen have announced willingness to invest in the southern parts of Iran.
Turkey Ready to Boost Investment in Iran

"The Turkish investors have announced readiness to invest in the (Southwestern province of) Khuzestan," the office of Khuzestan's governor-general said in a statement.

The statement further pointed to an international forum recently held on investment opportunities in the southern province of Khuzestan, and said that after the forum, different foreign trade groups have come to visit foreign investment projects in the province.

Also during their visit to Khuzestan province, the Turkish trade and economic delegation, which consisted of 50 capital holders, discussed investment opportunities in the province with Khuzestan's Governor-General Seyed Ja'far Hejazi, it added.

The statement further mentioned that foreign businessmen can invest in a wide variety of projects in Khuzestan province in such fields as agriculture, fishery, animal farming, dam and power plant construction, industries, oil, gas, petrochemicals and tourism.

Iran and Turkey have in recent years boosted their cooperation in different fields of economy, security, trade, education and culture.

Turkish Minister of Agriculture and Village Affairs Mehmet Mehdi Eker had announced in May that the volume of trade exchanges between Iran and his country has increased to $5.5bln.

Also in March, Iranian and Turkish officials signed a Memorandum of Understanding (MoU) to expand mutual cooperation in different industrial fields, specially in textile, auto-manufacturing and power industries.

The agreement prioritized cooperation in a number of fields, namely auto-manufacturing and supply of spare-parts, construction industry, agricultural machinery and equipment industries and wood and paper industries.

Also in the document, Iran and Turkey stressed the necessity for supporting private sector and international trade in a bid to make reciprocal investments and investment in third countries.
 
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