UNCTAD: Iran attracts over$4 bln direct investments in 2011

Azerbaijan, Baku, July 7 /Trend, D.Khatinoglu/ The United Nations Conference on Trade and Development (UNCTAD) reported that Iran attracted about $4.15 billion foreign direct investments (FDI) during 2011, or $1.102 more compared to the previous year. According to the report, Iran ranks second in term of placing FDI among Middle East countries, after Saudi Arabia ($16.4 bln) and United Arab Emirates ($7.679 bln) in 2011. The UNCTAD's report published on Friday says Iran has stocked 32.443 FDI since 1990, while it has put about $2.915 billion direct investments in foreign countries during this period. Iran put about $360 million investments in foreign countries in 2011, as well. Do you have any feedback? Contact our journalist at agency@trend.az