Licensed Foreign Investment in Semnan Province Tops $628 Million Over the Past Year

According to Khabaronline, citing Khabara Semnan news agency, Mohammad Reza Kazemi, head of the investment services center at Semnan province's economic affairs and finance department, said 21 companies received new investment licenses in the province over the past year and one company raised its capital by 2.2 million dollars, bringing the combined total to more than 628 million dollars.

Kazemi said 19 foreign companies attracted 2.55 million dollars in the same period, registered with Iran's Organization for Investment, Economic and Technical Assistance. He said the licensed investor companies come from countries across Asia, Europe and the Americas, calling the diversity a sign of favorable investment conditions in Semnan province.