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Iran Approves 42 Foreign Investment Projects Worth $228 Million Including China and UAE

Iran's Foreign Investment Board has approved 42 foreign investment applications valued at $228 million across multiple economic sectors, according to the Ministry of Economic Affairs and Finance. The approved capital includes funding from investors in China, the United Arab Emirates, Russia, the United Kingdom, and other nations. Since March 21, 2026, the board has cleared 398 foreign investment projects totaling $3.2 billion.

Issuing authority
Foreign Investment Board, Ministry of Economic Affairs and Finance of Iran
Jurisdiction
Iran
Publication date
October 21, 2026
Stage
Final rule
Official source
news.google.com
Illustration: A modern commercial conference room table with financial charts and official foreign investment dossier folders in a Middle Eastern mini
Illustration

Iran has approved 42 foreign investment applications with a total value of $228 million, according to the country's Ministry of Economic Affairs and Finance reported by Trend News Agency. The approvals were granted during the eighth session of Iran's Foreign Investment Board since March 21, 2026, hosted by the Organization for Investment, Economic and Technical Assistance of Iran.

The meeting was presided over by Mehdi Heydari, head of Iran's Investment Department, alongside representatives from several government bodies. Participating entities included the Ministry of Foreign Affairs, the Plan and Budget Organization, the Ministry of Industry, Mine and Trade, the Iran Chamber of Commerce, Industries, Mines and Agriculture, as well as the ministries of petroleum, agriculture, and energy.

Approved ventures span sectors such as industry, mining, agriculture, telecommunications, renewable energy, solar power plant construction, automotive and motorcycle manufacturing, freight transport, healthcare, food production, the securities market, and commercial services.

The source noted that approved applications originated from foreign investors based in China, the United Arab Emirates, the United Kingdom, Russia, Türkiye, Oman, Pakistan, and Afghanistan, as well as Iranian expatriates residing in the UAE, Germany, Spain, the Netherlands, and Türkiye.

Across eight sessions convened since March 21, 2026, the board has sanctioned 398 foreign investment projects with a cumulative valuation of $3.2 billion. At its preceding seventh meeting held on October 5, 2026, the board had authorized 64 projects representing $710 million in foreign capital.

Sources

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